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Newmont Fourth-Quarter Profit, Sales Climb Amid Surging Gold Prices
WSJ· 2026-02-19 21:43
Group 1 - The gold-mining company reported a profit of $1.30 billion [1] - The price of gold increased by 60% compared to the previous year [1]
Newmont(NEM) - 2025 Q4 - Annual Report
2026-02-19 21:18
Financial Performance - Newmont Corporation reported sales of $22,669 million for 2025, a 21.5% increase from $18,682 million in 2024 and a 92.2% increase from $11,812 million in 2023[13] - The net income from continuing operations for 2025 was $7,167 million, significantly up from $3,313 million in 2024 and a loss of $2,494 million in 2023[13] - Adjusted net income for 2025 was $7,634 million, compared to $3,991 million in 2024 and $1,324 million in 2023, reflecting a strong performance[13] - Free cash flow for 2025 was reported at $7,299 million, a significant increase from $2,916 million in 2024 and $88 million in 2023[13] - Net income attributable to Newmont stockholders was $7,085 million or $6.39 per diluted share, an increase of $3,805 million from the prior year[25] - Adjusted net income reported was $7,634 million or $6.89 per diluted share, an increase of $3.41 per diluted share from the prior year[25] - Adjusted EBITDA reached $13,480 million, reflecting a 55% increase from the prior year[25] - Net cash provided by operating activities was $10,334 million, a 64% increase from the prior year, with free cash flow of $7,299 million[25] Production and Costs - Consolidated gold production for 2025 was 5,530 thousand ounces, a decrease from 6,545 thousand ounces in 2024 but an increase from 5,401 thousand ounces in 2023[17] - The average realized price of gold per ounce in 2025 was $3,498, up from $2,408 in 2024 and $1,954 in 2023[17] - Consolidated costs applicable to sales for gold per ounce in 2025 were $1,199, an increase from $1,126 in 2024 and $1,050 in 2023[19] - Attributable gold production was approximately 6 million ounces, a decrease of 14% from the prior year due to divestments[25] Projects and Investments - The Tanami Expansion 2 project is expected to increase average annual gold production and improve efficiency, with total capital costs estimated between $1,700 million and $1,800 million[23] - The Cadia Panel Caves project aims to recover approximately 5 million ounces of gold and 1.1 million tonnes of copper, with capital costs estimated between $2,000 million and $2,400 million[24] Dividends and Shareholder Returns - Regular cash dividends declared per common share for 2025 were $1.01, consistent with $1.00 in 2024 but down from $1.45 in 2023[13] - A total dividend of $1.01 per share was declared for the year[25] Cash and Liquidity - The company ended the year with $7.6 billion in consolidated cash and $11.6 billion in total liquidity[25] - The company redeemed $3.4 billion of senior notes and settled $2.3 billion in share repurchases during the year[25] Tax and Valuation - The Company has recorded a valuation allowance for deferred tax assets in Peru and Argentina due to recent pretax losses and expectations of future pretax losses[655] - The realizable amount of deferred tax assets could be adjusted if future taxable income estimates increase or if cumulative losses are no longer present[655] - Additional risk factors affecting the realization of deferred tax assets are detailed in Note 2 to the Consolidated Financial Statements[656] Future Outlook - A long-term gold price assumption of $2,500 per ounce is significant for future cash flow assessments[634]
Newmont Reports 2025 Mineral Reserves of 118.2 Million Gold Ounces and 12.5 Million Tonnes of Copper
Businesswire· 2026-02-19 21:08
DENVER--(BUSINESS WIRE)--Newmont Corporation (NYSE: NEM, ASX: NGT, PNGX: NEM) (Newmont or the Company) reported gold Mineral Reserves ("reserves") of 118.2 million attributable ounces at the end of 2025 compared to 134.1 million attributable ounces at the end of 2024, mainly driven by the divestment of assets in 2025. Newmont's portfolio includes significant reserves from other metals, including 12.5 million attributable tonnes of copper reserves and 442 million attributable ounces of silver re. ...
Newmont(NEM) - 2025 Q4 - Annual Results
2026-02-19 21:06
Newmont Reports Fourth Quarter and Full Year 2025 Results, Provides 2026 Guidance, and Announces Enhanced Capital Allocation Framework DENVER, February 19, 2026 – Newmont Corporation (NYSE: NEM, ASX: NEM, PNGX: NEM) (Newmont or the Company) today announced its fourth quarter and full year 2025 results, declared a fourth quarter dividend of $0.26 and provided guidance for the full year of 2026. 1 "2025 was a milestone year for Newmont, as we delivered on our full-year guidance, strengthened our financial pos ...
Gold Mining Stock Rallying Into This Week's Earnings
Schaeffers Investment Research· 2026-02-18 19:51
Core Viewpoint - Newmont Corporation is expected to report strong earnings and revenue growth in its upcoming fourth-quarter report, with analysts predicting earnings of $1.81 per share and revenue of $5.76 billion, reflecting year-over-year increases of 29.3% and 2% respectively [1]. Group 1: Earnings Expectations - Analysts anticipate Newmont will post earnings of $1.81 per share for the fourth quarter [1]. - Revenue is expected to reach $5.76 billion, marking a year-over-year increase of 2% [1]. - The anticipated earnings represent a significant year-over-year growth of 29.3% [1]. Group 2: Stock Performance - Newmont's stock has been trending towards its record high of $134.88, last trading at $125.60, reflecting a 2.7% increase [2]. - The stock has shown a remarkable 164.3% gain over the past 12 months and a 25.7% increase year-to-date [2]. Group 3: Post-Earnings History - Historically, Newmont stock has had a negative post-earnings performance, finishing higher only three out of the last eight quarters [4]. - The average post-earnings move for Newmont stock has been 7.8%, which is slightly lower than the 8.6% swing currently priced in by options traders [4]. - Newmont has outperformed options traders' volatility expectations over the past year, with a Schaeffer's Volatility Scorecard (SVS) rating of 80 out of 100 [4].
美股异动 | 现货黄金一度重返5000美元上方 科尔黛伦矿业(CDE.US)涨超3.6%
智通财经网· 2026-02-18 15:22
Core Viewpoint - Spot gold prices have surpassed $5,000, leading to a rise in gold mining stocks in the U.S. market [1] Group 1: Gold Prices - Spot gold reached above $5,000 on Wednesday [1] Group 2: Company Performance - Coeur Mining (CDE.US) increased by over 3.6% [1] - Barrick Gold (B.US) and Newmont Mining (NEM.US) both rose by over 2.6% [1] - Agnico Eagle Mines (AEM.US) saw an increase of over 1.6% [1]
This Week’s 5 Spectacular Earnings Charts
The MAG 7 stocks are done reporting except for Nvidia, but earning season is rolling on and we have a bunch of prominent names reporting this week and I picked out five as I always do. Now, the interesting thing about these stocks and I'm going to just list them out up front this video. They are Carvana, Walmart, Deer, Quanta Services, and Newmont.So quite an interesting collection of names this week that you should be watching. But the interesting thing about them is that the best performers year to date o ...
XME Rode Gold to a Near Double, Now Freeport’s Q2 Restart Will Test the Rally
Yahoo Finance· 2026-02-18 14:41
Quick Read SPDR S&P Metals and Mining ETF (XME) nearly doubled to $118 from $62 over the past year. Newmont generated $1.6B in free cash flow as gold prices surged to $4,900-$5,000 per ounce. Freeport-McMoRan plans to restart Grasberg mine in Q2 2026 for 300 million pounds of copper. Read: If you follow markets closely, Kalshi lets you profit directly from being right about what comes next. The SPDR S&P Metals & Mining ETF (NYSEARCA:XME) has nearly doubled over the past year, climbing from aroun ...
XME Rode Gold to a Near Double, Now Freeport's Q2 Restart Will Test the Rally
247Wallst· 2026-02-18 14:41
Core Viewpoint - The SPDR S&P Metals and Mining ETF (XME) has nearly doubled in value over the past year, driven by rising gold prices and copper demand, but future performance will depend on commodity price stability and production growth from key holdings [1]. Group 1: ETF Performance and Holdings - XME increased from approximately $62 to $118, reflecting strong investor interest in commodities linked to electrification, defense, and monetary policy uncertainty [1]. - Major holdings in XME include Newmont, Freeport-McMoRan, and Alcoa, which together account for about 16% of the ETF's portfolio [1]. Group 2: Gold and Copper Prices - Gold prices surged to between $4,900 and $5,000 per ounce, significantly enhancing Newmont's profitability, resulting in $1.6 billion in free cash flow [1]. - Freeport-McMoRan may face challenges if copper prices decline to $6.00 to $6.40 per pound, although the planned restart of the Grasberg mine in Q2 2026 could help mitigate these risks by adding 300 million pounds of copper [1]. Group 3: Production Execution Risks - The restart of Freeport's Grasberg mine is a critical operational catalyst for XME in 2026, but any delays or cost overruns could negatively impact the investment thesis [1]. - Alcoa reported lower-than-expected revenues in Q3, but managed to offset some operational challenges with a $232 million gain from selling its stake in a joint venture [1]. - Execution risks are evident across the sector, with a focus on unit costs, volume guidance, and free cash flow generation being essential for assessing future performance [1].
Newmont Stock Dips As Lunar New Year Reduces Demand
Benzinga· 2026-02-17 20:32
Core Viewpoint - Newmont Corp (NYSE:NEM) shares are experiencing downward pressure due to market closures for the Lunar New Year in Asia and investor caution ahead of the upcoming Federal Reserve meeting minutes [1] Group 1: Market Conditions - Precious metals, including gold, have shown volatility, with gold prices recently fluctuating from over $5,595 an ounce to around $4,400 within two days [2] - Traders are adopting a cautious stance as they await insights from the Federal Reserve's January meeting minutes, especially with a leadership transition on the horizon [3] Group 2: Federal Reserve Insights - Federal Reserve officials, including Chair Jerome Powell, anticipate inflation to decrease towards 2% by mid-year, although some policymakers seek clearer evidence before making decisions [4] - The Fed's preferred inflation measure, the PCE index, has remained around 2.8% since May, with little improvement expected in the upcoming December data [4] Group 3: Technical Analysis of Newmont - Newmont's stock is currently under bearish pressure, trading below key moving averages, which may indicate potential weakness [5] - The Relative Strength Index (RSI) is neutral, suggesting a lack of strong momentum, while the MACD indicates bearish pressure, favoring sellers [6] - Key support for Newmont is at $108.00, while resistance is at $135.00; a break below support could lead to a significant decline, whereas a move above resistance could indicate recovery [7] Group 4: Stock Performance - Over the past year, Newmont's stock has increased by 159.29%, recovering from a 52-week low of $41.23, but its current position near a high of $134.88 raises sustainability concerns [8] - The stock is currently trading at 87.4% of its 52-week range, indicating it is near its highs and may be vulnerable to pullbacks if momentum cannot be maintained [9] - As of the latest publication, Newmont shares were down 3.10% at $121.90 [10]