Newmont posts record $3.8B cash flow, boosts buybacks, eyes higher production post-2026.

Newmont Corporation reported its best quarter ever with $3.8 billion in operating cash flow and $5.2 billion in adjusted EBITDA despite operational challenges. The company is returning significant capital to shareholders through $2.7 billion in buybacks and dividends, and has doubled its share repurchase authorization to $6 billion. Management expects production to increase beyond 2026, while the stock remains attractively valued at about 10 times forward earnings with a PEG ratio below 1. The positive outlook supports a bullish stance on gold and Newmont as a top gold producer benefiting from favorable macroeconomic trends.