The upcoming report from Newmont Corporation (NEM) is expected to reveal quarterly earnings of $0.84 per share, indicating an increase of 52.7% compared to the year-ago period. Analysts forecast revenues of $4.54 billion, representing an increase of 13% year over year.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 14.5% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Prior to ...

Valuation and Stock Performance - Newmont Corporation (NEM) is currently trading at a forward price/earnings ratio of 14.75X, which is approximately 12.1% lower than the Zacks Mining – Gold industry's average of 16.78X, indicating an attractive valuation [1] - NEM's stock has gained 45.1% over the past year, underperforming the industry average increase of 52.4% but outperforming the S&P 500's rise of 8.1% [15] Technical Indicators - Technical indicators show bullish momentum for NEM, as it has surpassed its 50-day simple moving average (SMA) and is trading above its 200-day SMA, suggesting a positive trend [2][4] Growth Projects and Acquisitions - Newmont is actively investing in growth projects such as the Tanami Expansion 2 in Australia and the Ahafo North expansion in Ghana, which are expected to enhance production capacity and extend mine life [6] - The acquisition of Newcrest Mining Limited has resulted in a robust portfolio with a multi-decade production profile, generating $500 million in annual run-rate synergies [8] Divestitures and Financial Health - Newmont has divested several non-core assets, generating total after-tax cash proceeds of approximately $2.55 billion from recent sales, contributing to a total expected gross proceeds of $4.3 billion from all disclosed divestitures [9] - The company reported a strong liquidity position of $7.7 billion at the end of 2024, with operating cash flow from continuing operations reaching $6.3 billion, a significant increase from $2.8 billion in 2023 [10] Gold Price Trends - Gold prices have increased by approximately 27% over the past year, driven by strong demand from central banks and geopolitical tensions, which is expected to positively impact Newmont's profitability [11][12] Earnings Estimates - Newmont's earnings estimates for 2025 have been revised upward, with the Zacks Consensus Estimate for 2025 earnings currently at $3.83, reflecting an expected year-over-year growth of 10.1% [14] Dividend and Shareholder Returns - NEM offers a dividend yield of 1.8% with a payout ratio of 29%, indicating a sustainable dividend backed by strong cash flows [13]

Core Insights - Newmont Corporation has completed the sale of its Akyem operation in Ghana and Porcupine operation in Canada, marking the end of its strategic divestiture program initiated in February 2024 [1] - The total gross proceeds from these divestitures are expected to reach up to $4.3 billion, with $3.8 billion from non-core asset sales and $527 million from other investments [2] - Following the sale of the Porcupine operation, Newmont acquired approximately 15% of Discovery Silver Corp's common shares, totaling 119,716,667 shares [3] - Newmont plans to periodically review its investment in Discovery and may adjust its holdings based on market conditions and other factors [4] - Newmont's shares have increased by 45.1% over the past year, compared to a 53.3% rise in the industry [6]

Group 1: Market Overview - The market has experienced sharp volatility recently, but not all stocks have been negatively impacted, with UnitedHealth (UNH), Newmont (NEM), and Sprouts Farmers Market (SFM) showing positive gains [1][8]. Group 2: Newmont (NEM) - Newmont is one of the largest gold producers globally, with active mines in Nevada, Peru, Australia, and Ghana, benefiting from a surge in gold prices, resulting in a nearly 50% year-to-date performance increase [4]. - The average gold price per ounce reached $2,643, up from $2,004 in the same period last year, contributing to a record free cash flow of $1.6 billion [5]. - Analysts have raised their EPS expectations for Newmont, reflecting a bullish near-term outlook [7]. Group 3: UnitedHealth (UNH) - UnitedHealth provides a comprehensive range of health benefits, with its Optum segment leveraging data and technology to enhance care delivery and health outcomes [9]. - The company is expected to report a 5% year-over-year EPS growth on 11% higher sales, having exceeded EPS estimates in the last 20 quarterly releases [10][11]. - UnitedHealth's domestic operations provide a buffer against tariff concerns [11]. Group 4: Sprouts Farmers Market (SFM) - SFM has shown strong performance, exceeding consensus EPS and sales expectations for the last ten quarters, with a stock increase of nearly 160% over the past year [12]. - The company reported $2.0 billion in sales, reflecting a 17% year-over-year growth, indicating strong demand [14]. - SFM holds a Zacks Rank 1 (Strong Buy), with a notably bullish EPS outlook [15]. Group 5: Conclusion - Despite ongoing market volatility and tariff headlines, UnitedHealth, Newmont, and Sprouts Farmers Market have all demonstrated upward momentum and possess bullish near-term EPS outlooks [16].

Shares of Newmont Corporation NEM are trading flat Monday. The company’s stock moved significantly higher last week due to the recent boom in gold.There is a chance the move higher resumes. And if it does, there is also a chance it ends or stalls around the $58.00 level. This is why it is our Stock of the Day.Resistance is a price level or zone where there is a large amount of sell interest. If a market is trending higher, there aren't enough sell orders to fill all the buy orders. Traders and investors who ...

Core Viewpoint - Newmont stock is expected to rally further as gold prices reach record highs, with analysts optimistic about the company's performance amid rising gold prices and operational improvements [1][4]. Company Performance - Newmont is the world's largest gold producer, projected to produce 6.8 million attributable ounces of gold in 2024, alongside other minerals like silver, copper, zinc, and lead [3]. - The company experienced a significant turnaround in 2024, with sales increasing by 57% following the acquisition of Newcrest in 2023, resulting in a net profit of $3.4 billion compared to a net loss of nearly $2.5 billion in 2023 [6]. Stock Analysis - Analyst Daniel Major upgraded Newmont's stock rating from neutral to buy and raised the price target from $50 to $60 per share, indicating a potential 20% upside from the stock's closing price on April 10 [5]. - Newmont stock has underperformed compared to the industry and gold prices in recent years due to operational challenges and high costs, but the outlook for 2025 is more positive with expectations of increased sales driven by soaring gold prices [6][8]. Market Context - Gold prices have surged, reaching over $3,220 per ounce, with predictions from UBS analysts suggesting a potential rise to $3,500 per ounce by 2026, driven by investor demand amid economic uncertainties [4]. - The broader stock market has seen volatility, but Newmont stock has provided stability with solid gains, hitting a weekly intraday high of 26% [2]. Financial Strategy - Newmont is actively reducing debt and anticipates raising approximately $2.5 billion in net cash proceeds from asset sales this year, with expectations of returning much of this cash to shareholders through share buybacks [7].

Core Viewpoint - Gold prices have reached a record high of $3,211 per ounce, driven by a weaker U.S. dollar, increased safe-haven demand, and escalating U.S.-China trade tensions [1]. Group 1: Gold Price Trends and Industry Performance - Gold prices have increased by 22% year to date, with the Zacks Mining - Gold industry rising by 34.3% compared to a 1.6% decline in the Zacks Basic Materials sector [2]. - The ongoing trade tensions and robust central bank buying are expected to sustain this upward trend in gold prices [2]. Group 2: AngloGold Ashanti Overview - AngloGold Ashanti has a diverse portfolio with 11 operating assets across multiple countries, including Argentina, Australia, and Ghana [4]. - The acquisition of Centamin in November 2024 added a significant Tier 1 asset (Sukari) capable of producing 500,000 ounces annually, increasing the proportion of gold production from Tier 1 assets from 62% to 67% [5]. - Total gold production for 2024 was 2.661 million ounces, with projections for 2025 ranging from 2.9 to 3.225 million ounces [6]. - The company ended 2024 with an adjusted net debt to adjusted EBITDA ratio of 0.21, the lowest since 2011, and had $2.6 billion in liquidity [7]. - A revised dividend policy targets a 50% payout of free cash flow, with a base dividend of 50 cents per share [8]. - Total cash costs per ounce rose by 4% year over year to $1,157, while all-in-sustaining costs (AISC) increased to $1,611 per ounce [9]. Group 3: Newmont Corporation Overview - Newmont has a diversified portfolio that includes copper, zinc, lead, and silver, with operations in favorable mining jurisdictions [11]. - The integration of Newcrest assets solidified Newmont's position as the world's largest gold producer, with 6.8 million attributable gold ounces produced in 2024 [12][13]. - Newmont's net debt to adjusted EBITDA ratio stood at 0.6X at the end of 2024, with total liquidity of $7.7 billion [14]. - The company paid out $1.1 billion in dividends in 2024, with a payout ratio of 28.74% [14]. - Gold costs applicable to sales increased by 7% to $1,126 per ounce, while AISC rose by 5% to $1,516 per ounce [15]. Group 4: Earnings Estimates and Stock Performance - The Zacks Consensus Estimate for AngloGold Ashanti's 2025 earnings is $2.49, indicating a year-over-year growth of 16.7% [16]. - In contrast, Newmont's 2025 earnings estimate is $3.69, reflecting a 6% increase [17]. - Year to date, AngloGold Ashanti's stock has surged by 68.3%, while Newmont has gained 36.9% [19]. Group 5: Valuation and Investment Considerations - AngloGold Ashanti is trading at a forward earnings multiple of 15.29X, while Newmont is at 15.70X, both above the industry average of 15.00X [21]. - The average price target for AngloGold Ashanti suggests a 6.05% decline, while Newmont's target indicates an 11.70% increase [23][24]. - AngloGold Ashanti's return on equity is 11.47%, lower than Newmont's 13.46% [25]. Group 6: Conclusion - Both companies are positioned to benefit from rising gold prices, but Newmont's diversification into copper, stable dividend policy, and higher return on equity make it a more attractive investment choice compared to AngloGold Ashanti [26][27].

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Three gold stocks: Which one should you buy?At long last, it's Friday, and a turbulent week of selling, buying, and even more selling is at an end.Investors seem exhausted by the roller-coaster week. Major market indices are slightly in the green as traders pause in relief, unfazed by the latest economic news that China is retaliating from the most recent U.S. tariffs hike on Chinese exports (to 145%) by raising its own tariff on U.S. exports to 125%. Gold stocks, meanwhile, are looking like one bright pock ...

Newmont Corporation (NEM) shares rallied 8.4% in the last trading session to close at $48.75. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 3.6% gain over the past four weeks.NEM's shares rallied on a surge in gold prices on safe-haven demand after President Trump hiked tariffs on China to 125%, stoking fears of deeper trade disruptions. This gold and copper miner is expected to post quarterly earnings of $ ...