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.
Newmont Corporation reported a record $3.14 billion free cash flow in Q1 despite a production decline of over 15%. The company maintains strong liquidity and has authorized a new $6 billion share buyback program. While 2026 is expected to be a produc...
Summit Royalties Ltd. has completed the acquisition of a 1.0% net smelter return (NSR) royalty on Newmont's Saddle North Deposit by issuing C$5 million in shares. This royalty allows Summit to earn a percentage of revenue from the deposit's productio...
