Index Dow Jones -0,78 % na 52374,21 b. S&P 500 -0,56 % na 7630,36 b. Nasdaq Composite -0,78 % na 26216,41 b.
Ve středeční seanci americké indexy otevírají v červených úrovních, když hlavní příčinou poklesu je eskalující konflikt mezi USA a Iránem, včetně uzavřeného Hormůzského průlivu. K dalšímu bombardování ze strany Iránu došlo poté, co USA zaútočily a zničily pět íránských ropných tankerů, čímž zintenzivnily konflikt s Teheránem, který se táhne již šest měsíců. Vzhledem k tomu, že si obě strany vyměňují další útoky, naděje na brzké vyřešení bojů se vytratily. Během návštěvy Kolumbie americký ministr zahraničí Marco Rubio naznačil, že odvetné útoky pravděpodobně brzy neustanou, a varoval Írán, že „ztratí tankery“, když se pokusí „zasáhnout americké válečné lodě“. Investory a celý svět tak nyní trápí nárůst cen ropy, který oživil obavy, že vyšší náklady na energie by mohly udržet inflaci na vysoké úrovni a přesvědčit centrální banky k zpřísnění politiky. Výnosy amerických státních dluhopisů se v této souvislosti zvýšily. Referenční výnos 10letých amerických státních dluhopisů se v úterý krátce dostal nad 4,8 %, což je blízko nejvyšší úrovně od listopadu 2023, což zvýšilo relativní atraktivitu dluhopisů a zvýšilo náklady na půjčky pro firmy a spotřebitele. Trhy a investoři se nyní zaměřují na údaje o inflaci v USA, které mají být zveřejněny koncem tohoto týdne, přičemž se očekává, že index spotřebitelských cen v pátek poskytne nové vodítka o směru politiky Fedu. Podle názoru analytiků rostou sázky na zvýšení úrokových sazeb ze strany FEDu v příštím týdnu a to v souvislosti s obnovenými obavami z inflace. Podle CME FedWatch trhy odhadovaly pravděpodobnost nárůstu o čtvrtinu bazického bodu zhruba na 60 %, oproti zhruba 40 % před týdnem.
V centru dění je dnes ropa a proražení ceny Brentu nad 100 USD/barel je pro trhy významným psychologickým milníkem, ale větší obavou je, co to znamená pro inflaci. Dlouhodobý ropný šok by mohl udržet vysoký cenový tlak a zkomplikovat cestu centrálním bankám, které se již tak potýkají s obtížným politickým prostředím. Dnes byly také reportovány od EIA surové zásoby ropy ke dni 2.9., které klesly o 4,5 mil. barelů, když trh očekával menší pokles o 2,5 mil. barelů. Lehká ropa WTI v reakci na situaci roste o 3,1% a dostává se k úrovni 95,8 USD/barel. tato situace je příznivě nakloněna akciím v těžebním sektoru černého zlata a tak akcie těžaře APA ( APA ) dnes posilují o 1,9% a také akcie těžebního obra Exxon Mobil ( XOM ) se posunují výše na tržní ceně o cca 2%. V kladných úrovních se drží také akcie britské skupiny BP ( BP ), jež rostou o 1,6% a také akcie brazilského těžaře Petrobrasu ( PBR ) obchodují výš o cca 1,5%. a ještě lépe jsou na tom akcie Occidentalu Petroleum ( OXY ) se ziskem cca 2,5% a daří se také akciím Shellu ( SHEL ), které přidávají cca 1%. Za zmínku stojí také akcie amerického výrobce a dodavatele těžního zařízení Halliburtonu ( HAL ), které přidávají na tržní ceně více než 2% a také akcie francouzského konkurenta Schlumbergeru ( SLB ) přidávají na tržní ceně více než 3,5%.
Poměrně slušně dnes za přispění geopolitického rizika a oslabujícího dolaru profituje žlutý kov, který přidává cca 0,5% a dostává se k úrovni 4 460 USD/Troy. unci. Tato situace hraje do karet akciím v těžebním sektoru zlata a tak akcie největšího kanadského těžaře posilují na tržní ceně o cca 1,5% a také akcie jeho amerického konkurenta Newmontu ( NEM ) jsou na tom podobně se ziskem necelých 1,5%. Za pozornost stojí také akcie známého těžaře Eldorado Gold ( EGO ), které posilují na tržní ceně o cca 2,9%.
Z indexu S&P 500 zaznamenávají největší pokles akcie amerického řetězce obchodů se smíšeným zbožím Casey's General Stores který reportoval výsledky hospodaření za první kvartál fiskálního roku 2027, jeho porovnatelné tržby zaostaly za očekáváním. Akcie Casey's General Stores ( CASY ) se ocitají pod tlakem investorů a ztrácí -16%.
Index S&P 500 -0,56 % na 7630,36 b. Nejsilnější sektory S&P Změna Nejslabší sektory S&P Změna Energie +0,8 % Zbytná spotřeba -1,6 % Finanční sektor -0,3 % Utility -1,2 % Zdravotní péče -0,3 % Průmysl -1,2 % Nejsilnější akcie S&P Změna Nejslabší akcie S&P Změna Meta Platforms (META) +7,0 % Casey's General Stores (CASY) -16 % Datadog (DDOG) +5,4 % Vertiv Holdings (VRT) -6,9 % Marvell Technology (MRVL) +4,8 % Booking Holdings (BKNG) -4,8 % Lumentum Holdings (LITE) +3,5 % Tractor Supply (TSCO) -4,5 % F5 (FFIV) +3,3 % Kimberly-Clark Corp (KMB) -4,4 %
Luboš Bedrník
Fio banka, a.s.
Prohlášení
Key Takeaways NEM's attributable gold production fell 13% year over year to 1.29 million ounces in the second quarter.NEM expects 2026 gold output to decline to 5.26 million ounces, partly due to site transitions.Higher 2026 AISC of $1,680 per ounce is expected as lower volumes and other costs pressure profitability. Newmont Corporation (NEM - Free Report) saw lower gold production for the second quarter, partly linked to its strategic divestment of non-core assets. The company reported a roughly 13% year-over-year and 1% sequential decline in attributable gold production to 1.29 million ounces. Lower output from Cadia and reduced grades across certain mines impacted production.
Newmont expects third-quarter 2026 production to be largely in line with the second-quarter level. It sees gold production at about 5.26 million ounces for 2026, indicating a year-over-year decline from 5.89 million ounces in 2025. NEM expects lower production from Penasquito and Cadia in 2026 due to site transitions. It also sees lower-than-expected production from Nevada Gold Mines and Pueblo Viejo. These will be partly offset by contributions from the newly commissioned Ahafo North mine.
Lower production is also expected to lead to higher unit costs in 2026. NEM expects all-in-sustaining costs (AISC) — a critical cost metric for miners — to be $1,680 per ounce on a by-product basis, indicating a notable increase from $1,358 per ounce in 2025. The expected increase is due to lower sales volumes as a result of planned mine sequencing, higher royalties and production taxes, deferral of sustaining capital from 2025 into 2026 and inventory changes. The production decline and higher costs could undercut the company’s profitability goals.
Looking across the competitive landscape, Barrick Mining Corporation (B - Free Report) attributable gold production rose 11% sequentially to 796,000 ounces in the second quarter, exceeding its guidance range of 730,000 to 770,000 ounces. It was flat year over year. Barrick expects production to increase sequentially in the third quarter and again in the fourth quarter, driven by the Loulo-Gounkoto ramp-up, Goldrush and mine sequencing. Barrick maintained 2026 attributable gold production guidance of 2.9-3.25 million ounces.
Agnico Eagle Mines Limited’s (AEM - Free Report) gold production was 855,816 ounces in the second quarter, up around 4% sequentially. It was down roughly 1% from 866,029 ounces in the prior-year quarter. For full-year 2026, Agnico Eagle expects gold production near the lower end of its 3.3 million to 3.5 million ounces guidance, reflecting the preliminary redesign of the Barnat open pit. AEM expects the Barnat pit wall movement event to reduce gold production at Canadian Malartic by 60,000-80,000 ounces in the second half of 2026.
The Zacks Rundown for NEMShares of Newmont have shot up 68.7% in the past year against the Zacks Mining – Gold industry’s rise of 45.9%.
Image Source: Zacks Investment Research
From a valuation standpoint, NEM is currently trading at a forward 12-month earnings multiple of 13.31, a modest 1.8% discount to the industry average of 13.56X. It carries a Value Score of B.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for NEM’s 2026 and 2027 earnings implies a year-over-year rise of 30.7% and 10%, respectively. The EPS estimates for 2026 and 2027 have been trending lower over the past 60 days.
Newmont Corporation (NEM - Free Report) ended the recent trading session at $128.09, demonstrating a -1.79% change from the preceding day's closing price. The stock's performance was behind the S&P 500's daily loss of 0.38%. Elsewhere, the Dow saw a downswing of 0.51%, while the tech-heavy Nasdaq depreciated by 0.29%.
Shares of the gold and copper miner have appreciated by 23.71% over the course of the past month, outperforming the Basic Materials sector's gain of 11.88%, and the S&P 500's gain of 2.08%.
Analysts and investors alike will be keeping a close eye on the performance of Newmont Corporation in its upcoming earnings disclosure. In that report, analysts expect Newmont Corporation to post earnings of $1.88 per share. This would mark year-over-year growth of 9.94%. Meanwhile, our latest consensus estimate is calling for revenue of $5.92 billion, up 7.15% from the prior-year quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $9.01 per share and a revenue of $25.74 billion, representing changes of +30.77% and +13.56%, respectively, from the prior year.
Investors should also take note of any recent adjustments to analyst estimates for Newmont Corporation. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.59% downward. Right now, Newmont Corporation possesses a Zacks Rank of #4 (Sell).
Looking at its valuation, Newmont Corporation is holding a Forward P/E ratio of 14.48. For comparison, its industry has an average Forward P/E of 13.57, which means Newmont Corporation is trading at a premium to the group.
It is also worth noting that NEM currently has a PEG ratio of 1.84. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. Mining - Gold stocks are, on average, holding a PEG ratio of 1.11 based on yesterday's closing prices.
The Mining - Gold industry is part of the Basic Materials sector. Currently, this industry holds a Zacks Industry Rank of 233, positioning it in the bottom 6% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
A SPECIAL WELCOME GIFT FROM ZACKS.COM Zacks' 7 Strongest Buys for September, 2026 See our "best of the best" short-term stocks. Hand-picked from 220 new Strong Buys, they could be the most profitable stocks you own over the next 90 days. Recent picks have climbed as much as +97.3% within 30 days. Our new recommendations may soar just as high.
A SPECIAL WELCOME GIFT FROM ZACKS.COM Zacks' 7 Strongest Buys for September, 2026 See our "best of the best" short-term stocks. Hand-picked from 220 new Strong Buys, they could be the most profitable stocks you own over the next 90 days. Recent picks have climbed as much as +97.3% within 30 days. Our new recommendations may soar just as high. Today's market dip makes now an ideal time to get in.
loading...
Primed to grow right now with long-term potential gains of 2X and more.
Primed to grow right now with long-term potential gains of 2X and more.
SPCX briefly reclaimed a $2 trillion market cap as Starlink growth, launch dominance and AI ambitions fueled investor optimism despite execution risks.
SPCX briefly reclaimed a $2 trillion market cap as Starlink growth, launch dominance and AI ambitions fueled investor optimism despite execution risks.
The consensus for today is expected to show August jobs up 55,000 (up 53K in the private sector and 2K in the public sector), while the unemployment rate is forecast at 4.2%.
The consensus for today is expected to show August jobs up 55,000 (up 53K in the private sector and 2K in the public sector), while the unemployment rate is forecast at 4.2%.
Stocks priced under $10 can present appealing entry points for investors seeking outsized returns. Here's our list of the best cheap stocks right now.
Stocks priced under $10 can present appealing entry points for investors seeking outsized returns. Here's our list of the best cheap stocks right now.
Gold stocks, or shares of companies involved in mining or streaming the precious metal, offer investors a way to participate indirectly in gold price booms.
Gold stocks, or shares of companies involved in mining or streaming the precious metal, offer investors a way to participate indirectly in gold price booms.
Biotech stocks are one of the most dynamic sectors in the market, combining scientific innovation with substantial financial opportunity. Here are some top current buys.
Biotech stocks are one of the most dynamic sectors in the market, combining scientific innovation with substantial financial opportunity. Here are some top current buys.
Amazon, AbbVie and Alibaba face contrasting growth drivers and challenges, from AI investment and drug launches to costly spending cycles.
Amazon, AbbVie and Alibaba face contrasting growth drivers and challenges, from AI investment and drug launches to costly spending cycles.
Space ETFs offer exposure to a booming space economy, helping investors capture long-term growth while mitigating risks tied to individual companies.
Space ETFs offer exposure to a booming space economy, helping investors capture long-term growth while mitigating risks tied to individual companies.
›
‹
Featured Zacks Rank Stocks Learn to Profit from the Zacks Rank
#1 Rank After transitioning from a crypto miner to an AI company, things are looking good.
#5 Rank Tobacco stocks have had a bit of a resurgence with the introduction of new products but analysts are starting to pump the b
Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers Zacks #1 Rank Top Movers for Value Growth Momentum VGM Income Company Symbol Price %Chg Motorsport... MSGM 4.40 +9.45% EuroDry EDRY 55.36 +6.36% TAL Educati... TAL 12.40 +3.42% Abercrombie... ANF 147.67 +2.88% Polaris PII 62.71 +2.65% Zacks #1 Rank Top Movers7/16 The Zacks #1 Rank List is the best place to start your stock search each morning. It's made up of the top 5% of stocks with the most potential. Each weekday, you can quickly see the Zacks #1 Rank Top Movers from Value to Growth, Momentum and Income, even VGM Score.
Go to Zacks Rank #1 Top Movers
Full Zacks #1 Rank List8/16 You can see the full Zacks #1 Rank List or narrow it down to Zacks #1 Rank Stocks with a Value, Growth, Momentum or Income Style Score of A or B. Plus, you can see the Zacks #1 Rank Stocks with a VGM of A or B. You can also sort the list with criteria you choose, view Additions and Deletions by day, and Performance.
Symbol Time Expected Reported %Surprise CURV 16:06 -0.03 -0.04 -33.33 VBNK 07:04 0.34 0.27 -20.59 LE 06:46 0.10 0.09 -10.00 CPB 07:15 0.40 0.39 -2.50 EPS Negative Surprises for Sep 04, 2026
Upcoming Earnings ESP View More Symbol ESP Most Accurate Estimate Consensus Estimate AVO 21.74% 0.14 0.12 LMNR 5.26% 0.20 0.19 INNV 5.88% 0.09 0.09 Featured Stock Picks
Best Airline Stocks to Buy Now September 2026 The airline industry covers a wide range of business models and opportunities. See our picks for the Best Airline Stocks to buy now.
Best Crypto Stocks to Buy for September 2026 Here are our picks for the best publicly traded companies in the cryptocurrency business.
Best Pharmaceutical Stocks to Buy for September 2026 The pharmaceutical industry continues to grow thanks to an aging population and rising demand for new treatments. Which pharma stocks are best?
Best Biotech Stocks to Buy for September 2026 Biotech stocks are one of the most dynamic sectors in the market, combining scientific innovation with substantial financial opportunity. Here are some top current buys.
Best Gold Stocks to Buy for September 2026 Gold stocks, or shares of companies involved in mining or streaming the precious metal, offer investors a way to participate indirectly in gold price booms.
Benjamin Edwards Inc. bought a new position in shares of Newmont Corporation (NYSE:NEM – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 22,498 shares of the basic materials company’s stock, valued at approximately $470,000.
Other institutional investors and hedge funds also recently made changes to their positions in the company. GTS Securities LLC purchased a new stake in shares of Newmont in the second quarter worth approximately $362,000. Private Harbour Investment Management & Counsel LLC bought a new position in shares of Newmont during the second quarter valued at about $95,000. Flputnam Investment Management Co. purchased a new position in Newmont during the second quarter worth about $145,000. Cookson Peirce & Co. Inc. bought a new position in shares of Newmont during the 2nd quarter worth approximately $2,315,000. Finally, Northwestern Mutual Wealth Management Co. bought a new position in shares of Newmont during the 2nd quarter worth approximately $8,096,000. Institutional investors and hedge funds own 68.85% of the company’s stock.
Key Headlines Impacting Newmont Here are the key news stories impacting Newmont this week:
Positive Sentiment: Newmont’s recent quarterly update continues to support investor sentiment: the company reported approximately 1.3 million attributable gold ounces, record quarterly free cash flow of $2.2 billion, maintained its 2026 production guidance and declared a $0.26-per-share dividend. Why Newmont Corporation Stock Is Up Today Positive Sentiment: A recent valuation analysis characterized Newmont as financially resilient, citing a net margin of roughly 33%, strong cash generation, low leverage and a forward P/E near 14.5. The company’s $1.95 billion payment to Barrick to finalize the Nevada Gold Mines joint-venture settlement also strengthens its control of a major production base. Newmont Stock Analysis Neutral Sentiment: Analysts’ recent price targets have a median of $140, suggesting potential upside from current levels, although targets range widely from $120 to $176 and remain sensitive to gold prices, interest rates and mining costs. Newmont Price Targets Negative Sentiment: Newmont CEO Natascha Viljoen sold 3,882 shares worth approximately $477,000, while EVP Peter Toth sold 3,000 shares worth about $369,000. Both transactions were executed under pre-arranged Rule 10b5-1 plans, reducing their holdings but not necessarily signaling a change in business outlook. Newmont Insider Transactions Negative Sentiment: Insider activity has been one-sided over the past six months, with reported sales and no purchases. High Treasury yields also remain a risk because they raise the opportunity cost of holding gold, while inflation and energy costs could pressure mining margins. Newmont Insider and Market Analysis Wall Street Analyst Weigh In Several equities analysts have recently issued reports on the company. TD upped their target price on Newmont from $127.00 to $133.00 and gave the company a “buy” rating in a report on Wednesday, August 12th. Bank of America dropped their price target on Newmont from $157.00 to $132.00 and set a “buy” rating on the stock in a report on Thursday, July 9th. Weiss Ratings cut Newmont from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, June 17th. Zacks Research downgraded Newmont from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 14th. Finally, BMO Capital Markets decreased their target price on Newmont from $145.00 to $135.00 and set an “outperform” rating for the company in a research report on Tuesday, June 23rd. Two research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $132.73. View Our Latest Stock Analysis on NEM
Insider Transactions at Newmont In related news, CEO Natascha Viljoen sold 7,764 shares of Newmont stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $104.00, for a total value of $807,456.00. Following the completion of the sale, the chief executive officer owned 135,235 shares of the company’s stock, valued at approximately $14,064,440. This trade represents a 5.43% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Brian Tabolt sold 11,445 shares of the business’s stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $105.09, for a total value of $1,202,755.05. Following the completion of the sale, the chief financial officer owned 29,324 shares in the company, valued at $3,081,659.16. This represents a 28.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 32,091 shares of company stock worth $3,414,187. 0.06% of the stock is owned by company insiders.
Newmont Trading Up 4.3% NYSE:NEM opened at $130.59 on Friday. Newmont Corporation has a 12 month low of $73.44 and a 12 month high of $135.29. The company has a current ratio of 2.55, a quick ratio of 2.26 and a debt-to-equity ratio of 0.15. The firm’s 50 day moving average is $106.54 and its 200 day moving average is $109.59. The stock has a market capitalization of $137.60 billion, a PE ratio of 16.49, a price-to-earnings-growth ratio of 1.76 and a beta of 0.52.
Newmont (NYSE:NEM – Get Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The basic materials company reported $2.10 earnings per share for the quarter, beating the consensus estimate of $2.05 by $0.05. Newmont had a return on equity of 29.10% and a net margin of 33.36%.The business had revenue of $6.12 billion during the quarter, compared to analyst estimates of $6.35 billion. During the same period in the prior year, the company earned $1.43 earnings per share. Sell-side analysts expect that Newmont Corporation will post 9.01 earnings per share for the current year.
Newmont Announces Dividend The company also recently declared a quarterly dividend, which will be paid on Monday, September 28th. Stockholders of record on Thursday, September 3rd will be given a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Thursday, September 3rd. Newmont’s dividend payout ratio is currently 13.13%.
Newmont Profile (Free Report)
Newmont Corporation (NYSE: NEM) is a leading global gold mining company engaged in the exploration, development, processing and reclamation of gold properties. The company’s core business centers on the production of gold, with additional byproduct metals produced from its operations. Newmont operates a portfolio of long‑lived mines and development projects, and its activities span the full mine life cycle from early-stage exploration through to mining, milling and closure.
Founded in 1921 and headquartered in Greenwood Village, Colorado, Newmont has grown through organic development and strategic acquisitions.
Recommended Stories Five stocks we like better than Newmont The Path to $230 Billion: Broadcom Outlines the Next Phase of Its AI Growth Story NVIDIA’s Hugging Face Deal Raises a Bigger Question About Its AI Moat Now Dropping the Dough: Yum! Brands Strategically Trims the Fat These 3 Stock Charts Just Flashed the Dreaded Death Cross Pattern
Receive News & Ratings for Newmont Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Newmont and related companies with MarketBeat.com's FREE daily email newsletter.
Legacy and new stocks take the attention of Dan Deming on today's Big 3. For Verizon (VZ), he sees the company's yield as "compelling" amid all the current risks weighing against equities.
DENVER, CO / ACCESS Newswire / September 3, 2026 / Solitario Resources Corp. ("Solitario" or the "Company") (NYSE American:XPL)(TSX:SLR) is pleased to announce the purchase and sale of 135,750 shares (the "Shares") of Company common stock, at a price of $0.86 per share for total gross proceeds of US$116,745 (the "Sale"). The Sale was made under the terms of the Amended and Restated Investor Rights Agreement dated June 11, 2025 (the "IRA") between Solitario and Newmont Overseas Exploration Ltd. ("Newmont"), a wholly-owned subsidiary of Newmont Corporation. Newmont chose to exercise a right to acquire the Shares as permitted by the IRA at the average price of shares sold through Solitario's at-the-market program sales from April 7, 2026 through July 29, 2026.
Upon the issuance of the Shares, Newmont will hold 8,894,911 shares of Solitario common stock or approximately 9.4% of the outstanding shares maintaining Newmont's interest prior to the current period's at-the-money program.
Chris Herald, President and CEO of Solitario, stated: "We are delighted that Newmont elected to exercise its right to maintain its ownership stake in Solitario and its equity ownership in Solitario."
The Company did not engage an underwriter or registered placement agent for the Sale, and there were no underwriter discounts or commissions or placement agent fees. The net proceeds of the Sale will be used to advance the Company's exploration activities at its core projects and for general corporate purposes. Additional information regarding the Sale will be included in one or more reports to be filed by the Company with the Securities and Exchange Commission and United States and Canadian regulatory agencies, and this press release is subject to the further detail provided in such reports.
About Solitario
Solitario is a natural resource exploration company focused on high-quality Tier-1 gold and zinc projects. The Company's common stock is traded on the NYSE American ("XPL") and on the Toronto Stock Exchange ("SLR"). In addition to its Florida Canyon and Lik joint venture projects, Solitario owns a 100% interest in the 30,000-acre Golden Crest gold project in South Dakota, a 100% interest in its Cat Creek and Bright Angel exploration projects in Colorado. At Golden Crest, Solitario has discovered over fifteen areas with potential gold mineralization at surface and has recently concluded it phase one drilling program to test for gold in the sub-surface. Solitario's Management and Directors hold approximately 7.7% (excluding options) of the Company's 94.8 million shares outstanding. Solitario's cash balance stands at approximately US$7.6 million. Additional information about Solitario is available online at solitarioxr.com.
For More Information, Please Contact:
Chris Herald, President and CEO
Solitario Resources Corp.
Tel. 303-534-1030 ext. 1
Cautionary Statement Regarding Forward-Looking Information
This press release contains forward-looking statements within the meaning of the U.S. Securities Act of 1933 and the U.S. Securities Exchange Act of 1934, and as defined in the United States Private Securities Litigation Reform Act of 1995 (and the equivalent under Canadian securities laws), that are intended to be covered by the safe harbor created by such sections. Forward-looking statements are statements that are not historical facts. They are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made and address activities, events or developments that Solitario expects or anticipates will or may occur in the future, and are based on current expectations and assumptions. Forward-looking statements involve numerous risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Such forward-looking statements include, without limitation, statements regarding the Company's expectation of the projected timing and outcome of engineering studies; expectations regarding the receipt of all necessary permits and approvals to implement a mining plan, if any, at any of its mineral properties. Important factors that could cause actual results to differ materially from those in the forward-looking statements include, among others, risks relating to risks that Solitario's and its joint venture partners' exploration and property advancement efforts will not be successful; risks relating to fluctuations in the price of zinc, gold, lead and silver; the inherently hazardous nature of mining-related activities; uncertainties concerning reserve and resource estimates; availability of outside contractors, and other activities; uncertainties relating to obtaining approvals and permits from governmental regulatory authorities; the possibility that environmental laws and regulations will change over time and become even more restrictive; and availability and timing of capital for financing the Company's exploration and development activities, including uncertainty of being able to raise capital on favorable terms or at all; as well as those factors discussed in Solitario's filings and reports with the U.S. Securities and Exchange Commission (the "SEC"), including Solitario's latest Annual Report on Form 10-K and its other SEC filings (and Canadian filings) including, without limitation, its latest Quarterly Report on Form 10-Q. The Company does not intend to publicly update any forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required under applicable securities laws.
Shares in Newmont Corporation (NEM +1.18%) rose 34.5% in August, according to data from S&P Global Market Intelligence. The move comes amid rising gold prices and positive news on the administrative and operational fronts regarding the resolution of a dispute with Barrick Mining Corporation (B +1.67%). In addition, I would argue that the appeal of gold as a safe-haven investment increased throughout the month.
Newmont's eventful month The price of gold rose throughout the month, and given the operational leverage miners have to commodity prices, it's not surprising that the market bought up the stock and took it sharply higher in August.
Gold Price in US Dollars data by YCharts
Still, the increase in gold prices is not a stock-specific issue, as many other gold miners would have benefited as well. The main operational and administrative plus for the month came from the agreement with Barrick Mining regarding their Nevada Gold Mines joint venture, announced on Aug. 10.
The two companies agreed that Newmont would pay Barrick $1.95 billion to include certain Barrick assets in the joint venture. Furthermore, Newmont consented to Barrick's intended initial public offering (IPO) of its North American gold assets. The resolution of the dispute helps Barrick achieve its strategic objectives and derisks Newmont's stock as well. It also allows the joint venture to generate operational synergies by adding the new assets, thereby increasing the value of Newmont's 38.5% stake.
Bigger picture considerations for Newmont Corporation Turning to the more contentious part of the argument, the persistently high U.S. government bond yields through the month are arguably one reason why gold and gold mining stocks have come into favor. Historically speaking, rising bond yields are bad for gold because the yield on a safe asset (U.S. debt) rises relative to gold's yield, which is zero.
Image source: Getty Images.
However, what if rising U.S. government yields are due to increasing skepticism over government debt levels? It's a legitimate question given that U.S. public debt topped $40 trillion this month and Treasury Secretary Scott Bessent is actively intervening in the markets to try to reduce U.S. Treasury yields. Moreover, continued geopolitical conflict may well cause global central banks to prefer holding gold over U.S. Treasuries -- a long-term trend that supports the price of gold.
While these factors are debatable, enough market participants believe in them to drive gold prices higher and, in turn, Newmont Corporation's share price.
Lee Samaha has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Newmont Corporation (NEM - Free Report) closed the most recent trading day at $127.98, moving -3.26% from the previous trading session. This change lagged the S&P 500's daily loss of 0.25%. At the same time, the Dow lost 0.02%, and the tech-heavy Nasdaq lost 0.52%.
The gold and copper miner's stock has climbed by 38.15% in the past month, exceeding the Basic Materials sector's gain of 15.14% and the S&P 500's gain of 4.34%.
The investment community will be paying close attention to the earnings performance of Newmont Corporation in its upcoming release. The company's upcoming EPS is projected at $1.88, signifying a 9.94% increase compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $5.92 billion, indicating a 7.15% growth compared to the corresponding quarter of the prior year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $9.01 per share and revenue of $25.74 billion, which would represent changes of +30.77% and +13.56%, respectively, from the prior year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Newmont Corporation. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.23% higher. At present, Newmont Corporation boasts a Zacks Rank of #3 (Hold).
From a valuation perspective, Newmont Corporation is currently exchanging hands at a Forward P/E ratio of 14.69. This expresses a premium compared to the average Forward P/E of 14.63 of its industry.
We can also see that NEM currently has a PEG ratio of 1.36. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As the market closed yesterday, the Mining - Gold industry was having an average PEG ratio of 0.91.
The Mining - Gold industry is part of the Basic Materials sector. With its current Zacks Industry Rank of 233, this industry ranks in the bottom 6% of all industries, numbering over 250.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
BNP Paribas purchased a new position in Newmont Corporation (NYSE:NEM – Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 116,016 shares of the basic materials company’s stock, valued at approximately $2,425,000.
Other hedge funds have also added to or reduced their stakes in the company. Pinnacle Bancorp Inc. purchased a new stake in shares of Newmont during the first quarter worth $25,000. Cedar Mountain Advisors LLC bought a new stake in shares of Newmont during the first quarter valued at about $25,000. Clearstead Trust LLC bought a new stake in shares of Newmont during the second quarter valued at about $25,000. Swiss RE Ltd. purchased a new position in Newmont during the fourth quarter worth about $26,000. Finally, Kilter Group LLC purchased a new position in Newmont in the 2nd quarter worth approximately $26,000. Institutional investors own 68.85% of the company’s stock.
Newmont Stock Down 3.4% NEM stock opened at $127.84 on Friday. The firm has a market cap of $134.70 billion, a PE ratio of 16.14, a price-to-earnings-growth ratio of 1.36 and a beta of 0.47. The company has a quick ratio of 2.26, a current ratio of 2.55 and a debt-to-equity ratio of 0.15. Newmont Corporation has a twelve month low of $72.78 and a twelve month high of $135.29. The business has a 50 day moving average of $104.23 and a 200 day moving average of $109.57.
Newmont (NYSE:NEM – Get Free Report) last issued its earnings results on Thursday, July 23rd. The basic materials company reported $2.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.05 by $0.05. The business had revenue of $6.12 billion during the quarter, compared to analysts’ expectations of $6.35 billion. Newmont had a net margin of 33.36% and a return on equity of 29.10%. During the same period in the previous year, the company earned $1.43 earnings per share. On average, research analysts forecast that Newmont Corporation will post 9.01 EPS for the current fiscal year. Newmont Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 28th. Investors of record on Thursday, September 3rd will be issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Thursday, September 3rd. Newmont’s payout ratio is presently 13.13%.
Insider Activity at Newmont In related news, CFO Brian Tabolt sold 11,445 shares of Newmont stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $105.09, for a total value of $1,202,755.05. Following the completion of the sale, the chief financial officer directly owned 29,324 shares in the company, valued at approximately $3,081,659.16. This trade represents a 28.07% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Natascha Viljoen sold 7,764 shares of the business’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $104.00, for a total value of $807,456.00. Following the completion of the transaction, the chief executive officer directly owned 135,235 shares of the company’s stock, valued at approximately $14,064,440. This trade represents a 5.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 32,091 shares of company stock valued at $3,292,513 over the last ninety days. Insiders own 0.06% of the company’s stock.
Wall Street Analyst Weigh In Several research analysts recently issued reports on the stock. Weiss Ratings lowered shares of Newmont from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, June 17th. Jefferies Financial Group decreased their price target on Newmont from $158.00 to $146.00 and set a “buy” rating on the stock in a research note on Monday, July 6th. National Bank Financial dropped their price target on shares of Newmont from $140.00 to $125.00 and set a “sector perform” rating for the company in a research report on Tuesday, July 14th. Argus set a $110.00 price objective on shares of Newmont in a research report on Monday, August 3rd. Finally, BNP Paribas Exane decreased their price objective on Newmont from $111.00 to $102.00 and set a “neutral” rating for the company in a report on Tuesday, July 21st. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Newmont presently has a consensus rating of “Moderate Buy” and a consensus price target of $132.73.
Get Our Latest Report on Newmont
Newmont Profile (Free Report)
Newmont Corporation (NYSE: NEM) is a leading global gold mining company engaged in the exploration, development, processing and reclamation of gold properties. The company’s core business centers on the production of gold, with additional byproduct metals produced from its operations. Newmont operates a portfolio of long‑lived mines and development projects, and its activities span the full mine life cycle from early-stage exploration through to mining, milling and closure.
Founded in 1921 and headquartered in Greenwood Village, Colorado, Newmont has grown through organic development and strategic acquisitions.
Read More Five stocks we like better than Newmont 3 Financial Stocks Positioned for the Fed’s Next Move After Jackson Hole IREN’s AI Pivot Looks Real, But the Market Wanted a Faster Payoff After Earnings Boeing’s $131B F-15 Win: Mach 1 Momentum or Just Altitude? Okta Stock Surges 29%—Is $200 the Next Stop? Want to see what other hedge funds are holding NEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Newmont Corporation (NYSE:NEM – Free Report).
Receive News & Ratings for Newmont Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Newmont and related companies with MarketBeat.com's FREE daily email newsletter.
Newmont Corporation (NEM) up 57.8% since institutional outlier inflow signal in October 2025.
NEM is a leading global gold mining company that also produces copper, zinc, lead, and silver throughout Africa, Australia, Latin America, North America, and Papua New Guinea. NEM’s second-quarter fiscal 2026 report showed $2.9 billion from operations after working capital, a record $2.2 billion of free cash flow, 1.3 million ounces of gold production, per-share earnings of $2.10 (a 46.9% year-over-year gain), as well as returning about $1.9 billion to shareholders through dividends and buybacks.
No wonder NEM shares are up 35% so far this year – and they could rise more. MoneyFlows data shows how Big Money investors are again betting heavily on the stock.
Institutions Love Newmont Institutional volumes reveal plenty. In the last year, NEM has enjoyed strong investor demand, which we believe to be institutional support.
Each green bar signals unusually large volumes in NEM shares. They reflect our proprietary inflow signal, pushing the stock higher:
Flurries of Big Money inflows over the course of a year pushed NEM shares up 90.1%. Source: www.moneyflows.com Plenty of materials names are under accumulation right now. But there’s a powerful fundamental story happening with Newmont.
Newmont Fundamental Analysis Institutional support and a healthy fundamental backdrop make this company worth investigating. As you can see, NEM has had strong sales growth:
Also, EPS is estimated to ramp higher this year by +12.5%.
Now it makes sense why the stock has been generating Big Money interest. NEM has a track record of strong financial performance.
Marrying great fundamentals with MoneyFlows software has found some big winning stocks over the long term.
Newmont has been a top-rated stock at MoneyFlows. That means the stock has unusual buy pressure and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis.
It made the rare Outlier 20 inflow report 44 times and is up 370% since 1993. The blue bars below show when NEM was a top pick in the last two years…institutional support is critical:
NEM shares have been institutional buy targets since 1993 – the stock is up 57.8% since October 2025’s outlier inflow. Source: www.moneyflows.com Tracking unusual volumes reveals the power of money flows.
This is a trait that most outlier stocks exhibit…the best of the best. Big Money demand drives stocks upward.
Newmont Price Prediction The NEM action isn’t new at all. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio.
Disclosure: the author holds no position in NEM at the time of publication.
If you are a Registered Investment Advisor (RIA) or a serious investor, take your investing to the next level. MoneyFlows created 11 Frontiers indexes to help serious investors capture AI-driven themes and learn the leading stocks in each Frontier. Get started here.
Key Takeaways Newmont and Barrick are positioned to benefit from rebounding gold prices and growth projects.Both miners are advancing major projects while facing higher costs that could weigh on margins.NEM and B offer strong cash flows, shareholder returns and differing valuation and earnings profiles. Newmont Corporation (NEM - Free Report) and Barrick Mining Corporation (B - Free Report) are two of the biggest gold mining companies, each with extensive operations across multiple continents and diversified portfolios.
Gold prices are regaining momentum following a significant downward correction, with bullion recently climbing to a three-month high near $4,650 per ounce. The rally has been fueled by a weakening U.S. dollar, which fell to multi-month lows amid concerns over U.S. Treasury bond buybacks aimed at containing rising long-term borrowing costs and improving liquidity. Central bank purchases and strong investment demand have provided additional support to gold prices.
Let’s dive deep and closely compare the fundamentals of these two mining giants to determine which one is the better investment now.
The Case for NewmontNewmont continues to invest in growth projects in a calculated manner. The company is pursuing several projects, including the Cadia Panel Caves and Tanami Expansion 2 in Australia. These projects should expand Newmont’s production capacity and extend mine life, driving revenues and profits. NEM has recommenced work at the Cadia panel cave project following the seismic event in April. The Tanami expansion is progressing with an expected completion of all underground infrastructure by the end of the third quarter of 2026.
In October 2025, NEM achieved commercial production at Ahafo North, which followed the first gold pour in September 2025. Ahafo North is expected to produce between 275,000 and 325,000 ounces of gold annually over an estimated mine life of 13 years.
NEM has also received key regulatory approvals from the Province of British Columbia for its Red Chris Block Cave Project, marking a major milestone in the planned transformation of the Red Chris Mine from an open-pit operation to a large-scale block-cave mine. The approvals take the project closer to the final investment decision.
Newmont has a strong liquidity position and generates substantial cash flows, which allow it to fund its growth projects, meet short-term debt obligations and drive shareholder value. At the end of the second quarter of 2026, Newmont had robust liquidity of roughly $13 billion, including cash and cash equivalents of around $9 billion. Net cash provided by operating activities amounted to $2.9 billion, up roughly 23% from the year-ago quarter. Its free cash flow climbed 29% year over year to a record $2.2 billion, led by an increase in net cash from operating activities.
Newmont distributed $3.4 billion to its shareholders through dividends and share repurchases in 2025. It has returned $1.9 billion to its shareholders since April 23, 2026. Newmont has executed buybacks under the current $6 billion authorized share repurchase program, with $4.3 billion remaining under it. NEM offers a dividend yield of 0.8% at the current stock price. Its payout ratio is 11%.
Newmont also remains committed to deleveraging, reducing debt by roughly $3.4 billion in 2025. It ended the second quarter with a strong net cash position of $3.4 billion and remains actively focused on managing its debt.
NEM saw lower gold production for the second quarter, partly linked to its strategic divestment of non-core assets. The company reported a roughly 13% year-over-year and 1% sequential decline in attributable gold production to 1.29 million ounces. Lower output from Cadia and reduced grades across certain mines impacted production. Newmont expects third-quarter 2026 production to be largely in line with the second-quarter level.
The company anticipates gold production at about 5.26 million ounces for 2026, indicating a year-over-year decline from 5.89 million ounces in 2025. NEM expects lower production from Penasquito and Cadia in 2026 due to site transitions. It also sees lower-than-expected production from Nevada Gold Mines and Pueblo Viejo. These will be partly offset by contributions from the newly commissioned Ahafo North mine.
Lower production is expected to lead to higher unit costs in 2026. NEM expects all-in-sustaining costs (AISC) — a critical cost metric for miners — to be $1,680 per ounce on a by-product basis, indicating a notable increase from $1,358 per ounce in 2025. The expected increase is due to lower sales volumes as a result of planned mine sequencing, higher royalties and production taxes, deferral of sustaining capital from 2025 into 2026 and inventory changes. Newmont also sees a sequential rise in unit costs in the third quarter, mainly due to increased sustaining capital spending and higher oil prices. The production decline and higher costs could undercut the profitability goals.
The Case for BarrickBarrick is well-positioned to capitalize on advancements across its key growth projects, which are expected to meaningfully boost production. Its major gold and copper initiatives, including Goldrush, the Pueblo Viejo plant expansion and mine life extension, Fourmile and Lumwana Super Pit, are progressing on schedule and within budget, setting the stage for the next wave of profitable output.
The Goldrush mine is ramping up to the targeted 400,000 ounces of production per annum by 2028. Bordering Goldrush is the Fourmile project, which is yielding grades double those of Goldrush and is anticipated to become another Tier One mine. Barrick has announced the advancement of its planned IPO (expected to be completed by the end of 2026) of a new company that will hold its North American gold assets and the Fourmile project, in which it will hold a significant controlling interest. Newmont also consented to Barrick’s planned North American IPO.
The $2-billion Super Pit Expansion Project at Barrick’s Lumwana mine is progressing steadily, accelerating its shift into a Tier One copper mine. Barrick stated that the Lumwana expansion is the result of a significant turnaround, transforming the mine from an underperforming asset into a vital part of both its global copper portfolio and Zambia’s long-term development strategy. The expansion is expected to produce 240,000 tons of copper annually. First copper from the expansion is targeted by the end of the first quarter of 2028.
Barrick has a solid liquidity position and generates healthy cash flows, positioning it well to take advantage of attractive development, exploration and acquisition opportunities, drive shareholder value and reduce debt. As of June 30, 2026, the company held roughly $5.9 billion of cash against $4.7 billion of debt, leaving $1.2 billion of net cash. It also had an undrawn $3 billion revolving credit facility and no meaningful debt maturities until 2033.
Attributable free cash flow reached $1.35 billion in the first half of 2026, up 211% year over year. Barrick returned $1.5 billion to its shareholders in the second quarter, including $1.21 billion of share repurchases under its $3 billion authorization.
Barrick offers a dividend yield of 1.5% at the current stock price. Its payout ratio is 20%, with a five-year annualized dividend growth rate of roughly 14.3%.
Barrick is, however, challenged by higher costs, which may weigh on its margins. Its total cash costs per ounce of gold and AISC increased around 15% and 11% year over year, respectively, in the second quarter. Both also rose sequentially. AISC of $1,866 increased from the year-ago quarter due to higher total cash costs per ounce. Higher fuel prices began affecting costs in the second quarter, although management said operating efficiencies mitigated some of the impact.
For 2026, Barrick projects AISC in the range of $1,760-$1,950 per ounce, indicating a significant year-over-year increase at the midpoint compared with $1,637 in 2025. Cash costs per ounce are forecast to be $1,330-$1,470, up from $1,199 in 2025.
Price Performance and Valuation of NEM & BNEM stock has surged 86.7% in a year, while B stock has racked up a gain of 84.9% compared with the Zacks Mining – Gold industry’s growth of 66.4%.
Image Source: Zacks Investment Research
NEM is currently trading at a forward 12-month earnings multiple of 14.10, lower than its five-year median. This represents a roughly 1.3% discount when stacked up with the industry average of 14.29X.
Image Source: Zacks Investment Research
Barrick is trading at a discount to Newmont. The B stock is currently trading at a forward 12-month earnings multiple of 12.57, below its five-year median and the industry average.
Image Source: Zacks Investment Research
How Does Zacks Consensus Estimate Compare for NEM & B?The Zacks Consensus Estimate for NEM’s 2026 sales and EPS implies a year-over-year rise of 13.6% and 30.8%, respectively. The EPS estimates for 2026 have been trending lower over the past 60 days.
Image Source: Zacks Investment Research
The consensus estimate for B’s 2026 sales and EPS implies year-over-year growth of 15% and 47.1%, respectively. The EPS estimates for 2026 have been trending southward over the past 60 days.
Image Source: Zacks Investment Research
NEM & B: Which Is the Better Pick?Both Newmont and Barrick are well-positioned to benefit from rebounding gold prices. They have a strong pipeline of development projects and solid financial health, and remain committed to driving shareholder value. However, both companies face headwinds from higher costs. Barrick appears to have an edge over Newmont due to its more attractive valuation and higher earnings growth projections. Investors seeking exposure to the gold space might consider Barrick as the more favorable option at this time.
While NEM currently carries a Zacks Rank #4 (Sell), B has a Zacks Rank #3 (Hold).
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Newmont Mining is a moderate Buy, offering record free cash flow, a net cash balance sheet, and Tier-1 assets with multi-decade mine lives. NEM's Q2 2026 results delivered 1.29M oz gold production, $2.2B adjusted net income ($2.10/share), record Q2 free cash flow of $2.2B, and $1.9B returned to shareholders, with 2026 guidance reaffirmed. Despite a forward P/E of 9.6x and sector discounts, NEM faces 2026 cost and production troughs, with AISC guided up to $1,680/oz and output down to 5.3M oz.
Key Takeaways Newmont's $13B liquidity supports growth projects, debt reduction and shareholder returns.NEM is advancing Cadia Panel Caves and Tanami Expansion 2 to boost production and extend mine life.Newmont cut debt and maintained a net cash position of $3.4 billion at the end of the second quarter. Newmont Corporation (NEM - Free Report) has a strong liquidity position and generates substantial cash flows, which allow it to fund its growth projects and drive shareholder value. At the end of the second quarter of 2026, Newmont had robust liquidity of roughly $13 billion, including cash and cash equivalents of around $9 billion.
NEM’s strong liquidity profile and substantial cash flows provide it with ample flexibility to fund expansion projects, reduce debt and enhance returns. The company remains focused on investing in its organic growth initiatives, leveraging a strong balance sheet. It is pursuing several projects, including the Cadia Panel Caves and Tanami Expansion 2 in Australia. These projects should expand Newmont’s production capacity and extend mine life, driving revenues and profits.
Newmont also remains committed to deleveraging, reducing debt by roughly $3.4 billion in 2025. It ended the second quarter with a strong net cash position of $3.4 billion and remains actively focused on managing its debt.
The company generated $3.6 billion from its portfolio optimization actions in 2025. These funds will support Newmont’s capital allocation strategy, which focuses on reinforcing its balance sheet and delivering returns to its shareholders.
Looking across the competitive landscape, Kinross Gold Corporation (KGC - Free Report) had strong liquidity of $4.4 billion at the end of the second quarter. KGC’s cash and cash equivalents were around $2.7 billion at the end of the quarter. With $1.7 billion in available credit (as of June 30, 2026) and no debt maturities until 2033, Kinross is well-positioned to support growth while strengthening its balance sheet and delivering shareholder value.
Agnico Eagle Mines Limited (AEM - Free Report) has a robust liquidity position and generates healthy cash flows, enabling it to maintain a strong exploration budget and finance a robust pipeline of growth projects. AEM ended the second quarter with cash and cash equivalents of roughly $3.5 billion. Agnico Eagle ended the quarter with a significant net cash position of roughly $3.3 billion, driven by an increase in cash.
The Zacks Rundown for NEMShares of Newmont have shot up 80.3% in the past year against the Zacks Mining – Gold industry’s rise of 70.9%.
Image Source: Zacks Investment Research
From a valuation standpoint, NEM is currently trading at a forward 12-month earnings multiple of 13.72, a modest 6% discount to the industry average of 14.59X. It carries a Value Score of B.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for NEM’s 2026 and 2027 earnings implies a year-over-year rise of 30.8% and 10%, respectively. The EPS estimates for 2026 and 2027 have been trending lower over the past 60 days.
Barrow Hanley Mewhinney & Strauss LLC purchased a new position in shares of Newmont Corporation (NYSE:NEM – Free Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 2,291,481 shares of the basic materials company’s stock, valued at approximately $214,024,000. Barrow Hanley Mewhinney & Strauss LLC owned approximately 0.22% of Newmont at the end of the most recent quarter.
Other hedge funds also recently added to or reduced their stakes in the company. Pinnacle Bancorp Inc. acquired a new position in Newmont during the 1st quarter valued at approximately $25,000. Cedar Mountain Advisors LLC purchased a new position in Newmont in the 1st quarter worth $25,000. Clearstead Trust LLC purchased a new position in Newmont in the 2nd quarter worth $25,000. Kilter Group LLC acquired a new stake in Newmont during the 2nd quarter worth about $26,000. Finally, Swiss RE Ltd. purchased a new stake in Newmont during the 4th quarter valued at about $26,000. 68.85% of the stock is owned by institutional investors and hedge funds.
Newmont Stock Performance Shares of NYSE NEM opened at $131.76 on Monday. The company’s fifty day moving average price is $101.60 and its 200 day moving average price is $108.93. Newmont Corporation has a 1 year low of $69.05 and a 1 year high of $134.88. The company has a market capitalization of $138.83 billion, a PE ratio of 16.64, a price-to-earnings-growth ratio of 1.36 and a beta of 0.47. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.26 and a current ratio of 2.55.
Newmont (NYSE:NEM – Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The basic materials company reported $2.10 earnings per share for the quarter, beating the consensus estimate of $2.05 by $0.05. The firm had revenue of $6.12 billion during the quarter, compared to analyst estimates of $6.35 billion. Newmont had a return on equity of 29.10% and a net margin of 33.36%.During the same quarter in the previous year, the business earned $1.43 EPS. On average, research analysts predict that Newmont Corporation will post 9.01 earnings per share for the current year. Newmont Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Monday, September 28th. Stockholders of record on Thursday, September 3rd will be given a dividend of $0.26 per share. The ex-dividend date is Thursday, September 3rd. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.8%. Newmont’s dividend payout ratio (DPR) is 13.13%.
Newmont News Summary Here are the key news stories impacting Newmont this week:
Positive Sentiment: Gold reached record levels. Spot gold traded above $4,500 an ounce and was on track for a third consecutive weekly gain. A softer U.S. dollar, bond-market volatility and inflation concerns increased demand for gold as a safe-haven asset, improving the potential revenue and cash-flow outlook for Newmont. Why Is Newmont Stock Surging Friday? Positive Sentiment: Strong operating performance and capital returns supported sentiment. Newmont reported record second-quarter free cash flow of $2.2 billion and operating cash flow of $2.9 billion, remains on track to produce 5.3 million attributable gold ounces in 2026, and has returned approximately $1.9 billion through dividends and share repurchases since its prior earnings report. Positive Sentiment: Scotiabank raised its earnings forecast. The firm increased its FY2026 EPS estimate to $8.96 from $8.83, maintained an “Outperform” rating and set a $149 price target. The median target among 10 analysts is reported at $145.50, suggesting analysts generally see additional upside. Neutral Sentiment: Newmont appointed Peter Beaven as an independent director. Effective September 1, Beaven is expected to join the Audit Committee, adding finance and global mining experience. The appointment is strategically supportive but is unlikely to materially change near-term earnings. Newmont Appoints Peter Beaven to Board of Directors Neutral Sentiment: Newmont agreed to sell a Nevada gold project to StrikePoint for $70 million. The transaction may help streamline the portfolio and monetize a noncore asset, although the immediate earnings impact was not provided. StrikePoint to Buy Nevada Gold Project from Newmont Negative Sentiment: Reported insider trading was a potential cautionary signal. Company insiders recorded 15 open-market sales and no purchases during the past six months, though such transactions may reflect compensation or personal financial planning rather than a view on Newmont’s business. Insider Activity In other Newmont news, CFO Brian Tabolt sold 11,445 shares of the stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $105.09, for a total transaction of $1,202,755.05. Following the transaction, the chief financial officer directly owned 29,324 shares of the company’s stock, valued at $3,081,659.16. This trade represents a 28.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Natascha Viljoen sold 7,764 shares of the company’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $104.00, for a total transaction of $807,456.00. Following the transaction, the chief executive officer owned 135,235 shares of the company’s stock, valued at approximately $14,064,440. This trade represents a 5.43% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 32,091 shares of company stock worth $3,292,513 in the last quarter. Corporate insiders own 0.06% of the company’s stock.
Wall Street Analysts Forecast Growth A number of research analysts have recently weighed in on NEM shares. Scotiabank increased their price objective on Newmont from $147.00 to $149.00 and gave the company an “outperform” rating in a report on Wednesday, August 12th. BMO Capital Markets decreased their target price on Newmont from $145.00 to $135.00 and set an “outperform” rating for the company in a report on Tuesday, June 23rd. Barclays dropped their target price on Newmont from $125.00 to $124.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 28th. TD Cowen reiterated a “buy” rating on shares of Newmont in a report on Monday, April 27th. Finally, Jefferies Financial Group reduced their target price on shares of Newmont from $158.00 to $146.00 and set a “buy” rating for the company in a report on Monday, July 6th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Newmont has a consensus rating of “Moderate Buy” and a consensus target price of $132.59.
Read Our Latest Stock Analysis on Newmont
Newmont Company Profile (Free Report)
Newmont Corporation (NYSE: NEM) is a leading global gold mining company engaged in the exploration, development, processing and reclamation of gold properties. The company’s core business centers on the production of gold, with additional byproduct metals produced from its operations. Newmont operates a portfolio of long‑lived mines and development projects, and its activities span the full mine life cycle from early-stage exploration through to mining, milling and closure.
Founded in 1921 and headquartered in Greenwood Village, Colorado, Newmont has grown through organic development and strategic acquisitions.
Featured Stories Five stocks we like better than Newmont VIG, VYM, and VYMI: Which Vanguard Dividend ETF Is Right for You? 3 Closed-End Funds to Maximize Dividend Payments Rocket Lab’s Sell-Off Is Fading—Is It Finally Safe to Buy? $27 Billion in Buybacks: 3 Stocks Betting Their Strong Runs Aren’t Over
Receive News & Ratings for Newmont Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Newmont and related companies with MarketBeat.com's FREE daily email newsletter.
Callan Family Office LLC bought a new position in shares of Newmont Corporation (NYSE:NEM – Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 32,059 shares of the basic materials company’s stock, valued at approximately $2,994,000.
Several other institutional investors and hedge funds also recently made changes to their positions in the business. BlackRock Inc. bought a new position in shares of Newmont in the 2nd quarter worth $11,289,753,000. Norges Bank bought a new stake in Newmont in the fourth quarter valued at about $1,443,128,000. Bank of New York Mellon Corp bought a new stake in Newmont in the second quarter valued at about $1,219,505,000. Deutsche Bank AG acquired a new position in Newmont in the second quarter valued at about $911,180,000. Finally, Van ECK Associates Corp boosted its holdings in Newmont by 23.4% during the fourth quarter. Van ECK Associates Corp now owns 29,780,063 shares of the basic materials company’s stock worth $2,973,539,000 after buying an additional 5,643,496 shares during the last quarter. Institutional investors own 68.85% of the company’s stock.
Wall Street Analyst Weigh In A number of analysts have recently commented on NEM shares. Raymond James Financial lowered their price target on Newmont from $139.00 to $137.00 and set an “outperform” rating for the company in a research note on Tuesday, June 30th. National Bank Financial reduced their price objective on shares of Newmont from $140.00 to $125.00 and set a “sector perform” rating on the stock in a research note on Tuesday, July 14th. Canaccord Genuity Group decreased their price objective on shares of Newmont from $160.00 to $130.00 and set a “buy” rating for the company in a report on Thursday, July 23rd. TD Cowen reaffirmed a “buy” rating on shares of Newmont in a research note on Monday, April 27th. Finally, UBS Group cut their target price on shares of Newmont from $140.00 to $120.00 and set a “buy” rating on the stock in a report on Tuesday, June 30th. Two analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $132.59.
Get Our Latest Report on Newmont Newmont Stock Up 3.2% NYSE:NEM opened at $131.76 on Friday. Newmont Corporation has a 1 year low of $69.05 and a 1 year high of $134.88. The stock has a 50-day moving average price of $101.60 and a two-hundred day moving average price of $108.96. The stock has a market cap of $138.83 billion, a price-to-earnings ratio of 16.64, a PEG ratio of 1.36 and a beta of 0.47. The company has a current ratio of 2.55, a quick ratio of 2.26 and a debt-to-equity ratio of 0.15.
Newmont (NYSE:NEM – Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The basic materials company reported $2.10 EPS for the quarter, topping analysts’ consensus estimates of $2.05 by $0.05. Newmont had a return on equity of 29.10% and a net margin of 33.36%.The company had revenue of $6.12 billion for the quarter, compared to analyst estimates of $6.35 billion. During the same quarter last year, the firm posted $1.43 earnings per share. As a group, equities analysts expect that Newmont Corporation will post 9.01 earnings per share for the current year.
Newmont Announces Dividend The firm also recently announced a quarterly dividend, which will be paid on Monday, September 28th. Investors of record on Thursday, September 3rd will be paid a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Thursday, September 3rd. Newmont’s dividend payout ratio is presently 13.13%.
Insiders Place Their Bets In other Newmont news, CFO Brian Tabolt sold 11,445 shares of the firm’s stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $105.09, for a total transaction of $1,202,755.05. Following the sale, the chief financial officer directly owned 29,324 shares in the company, valued at approximately $3,081,659.16. This trade represents a 28.07% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Peter Toth sold 3,000 shares of Newmont stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $93.45, for a total transaction of $280,350.00. Following the completion of the transaction, the executive vice president directly owned 40,315 shares in the company, valued at approximately $3,767,436.75. The trade was a 6.93% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 32,091 shares of company stock worth $3,292,513. Company insiders own 0.06% of the company’s stock.
Key Stories Impacting Newmont Here are the key news stories impacting Newmont this week:
Positive Sentiment: Gold reached record levels. Spot gold traded above $4,500 an ounce and was on track for a third consecutive weekly gain. A softer U.S. dollar, bond-market volatility and inflation concerns increased demand for gold as a safe-haven asset, improving the potential revenue and cash-flow outlook for Newmont. Why Is Newmont Stock Surging Friday? Positive Sentiment: Strong operating performance and capital returns supported sentiment. Newmont reported record second-quarter free cash flow of $2.2 billion and operating cash flow of $2.9 billion, remains on track to produce 5.3 million attributable gold ounces in 2026, and has returned approximately $1.9 billion through dividends and share repurchases since its prior earnings report. Positive Sentiment: Scotiabank raised its earnings forecast. The firm increased its FY2026 EPS estimate to $8.96 from $8.83, maintained an “Outperform” rating and set a $149 price target. The median target among 10 analysts is reported at $145.50, suggesting analysts generally see additional upside. Neutral Sentiment: Newmont appointed Peter Beaven as an independent director. Effective September 1, Beaven is expected to join the Audit Committee, adding finance and global mining experience. The appointment is strategically supportive but is unlikely to materially change near-term earnings. Newmont Appoints Peter Beaven to Board of Directors Neutral Sentiment: Newmont agreed to sell a Nevada gold project to StrikePoint for $70 million. The transaction may help streamline the portfolio and monetize a noncore asset, although the immediate earnings impact was not provided. StrikePoint to Buy Nevada Gold Project from Newmont Negative Sentiment: Reported insider trading was a potential cautionary signal. Company insiders recorded 15 open-market sales and no purchases during the past six months, though such transactions may reflect compensation or personal financial planning rather than a view on Newmont’s business. Newmont Company Profile (Free Report)
Newmont Corporation (NYSE: NEM) is a leading global gold mining company engaged in the exploration, development, processing and reclamation of gold properties. The company’s core business centers on the production of gold, with additional byproduct metals produced from its operations. Newmont operates a portfolio of long‑lived mines and development projects, and its activities span the full mine life cycle from early-stage exploration through to mining, milling and closure.
Founded in 1921 and headquartered in Greenwood Village, Colorado, Newmont has grown through organic development and strategic acquisitions.
Further Reading Five stocks we like better than Newmont 2 Biotech Stocks Shaping Up for Major Breakouts 3 Stocks Came Roaring Back—Now They’re Flashing Warning Signs 3 Beaten-Down Stocks That Haven’t Gotten the Message About the S&P 500’s Record Run Darden Restaurants Just Hit a 52-Week High–Is the Olive Garden Comeback Story Legit?
Receive News & Ratings for Newmont Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Newmont and related companies with MarketBeat.com's FREE daily email newsletter.
Bard Associates Inc. acquired a new stake in shares of Newmont Corporation (NYSE:NEM – Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 14,530 shares of the basic materials company’s stock, valued at approximately $1,357,000.
Several other institutional investors have also recently made changes to their positions in NEM. BlackRock Inc. purchased a new stake in Newmont in the 2nd quarter worth about $11,289,753,000. Norges Bank bought a new stake in Newmont in the fourth quarter worth about $1,443,128,000. Bank of New York Mellon Corp purchased a new position in shares of Newmont during the second quarter valued at approximately $1,219,505,000. Deutsche Bank AG bought a new position in shares of Newmont during the second quarter valued at approximately $911,180,000. Finally, Van ECK Associates Corp grew its stake in shares of Newmont by 23.4% during the fourth quarter. Van ECK Associates Corp now owns 29,780,063 shares of the basic materials company’s stock valued at $2,973,539,000 after buying an additional 5,643,496 shares during the last quarter. Institutional investors own 68.85% of the company’s stock.
Wall Street Analysts Forecast Growth A number of equities research analysts recently issued reports on the company. Argus set a $110.00 price target on Newmont in a research note on Monday, August 3rd. Wall Street Zen downgraded Newmont from a “buy” rating to a “hold” rating in a research report on Saturday, July 25th. National Bank Financial reduced their target price on Newmont from $140.00 to $125.00 and set a “sector perform” rating on the stock in a research note on Tuesday, July 14th. The Goldman Sachs Group decreased their target price on Newmont from $122.50 to $111.40 and set a “buy” rating for the company in a research report on Wednesday, July 1st. Finally, Canaccord Genuity Group lowered their target price on shares of Newmont from $160.00 to $130.00 and set a “buy” rating for the company in a research note on Thursday, July 23rd. Two analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, Newmont has an average rating of “Moderate Buy” and a consensus target price of $132.59.
Get Our Latest Stock Report on NEM Insider Transactions at Newmont In related news, CFO Brian Tabolt sold 11,445 shares of Newmont stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $105.09, for a total value of $1,202,755.05. Following the sale, the chief financial officer directly owned 29,324 shares in the company, valued at approximately $3,081,659.16. The trade was a 28.07% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Peter Toth sold 3,000 shares of the firm’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $93.45, for a total value of $280,350.00. Following the completion of the transaction, the executive vice president owned 40,315 shares in the company, valued at $3,767,436.75. The trade was a 6.93% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 32,091 shares of company stock valued at $3,292,513 in the last ninety days. 0.06% of the stock is currently owned by corporate insiders.
Newmont Trading Up 3.2% Shares of NYSE:NEM opened at $131.76 on Friday. The company has a quick ratio of 2.26, a current ratio of 2.55 and a debt-to-equity ratio of 0.15. Newmont Corporation has a 52-week low of $69.05 and a 52-week high of $134.88. The stock has a market cap of $138.83 billion, a price-to-earnings ratio of 16.64, a PEG ratio of 1.32 and a beta of 0.47. The business has a 50-day moving average price of $101.60 and a 200-day moving average price of $108.96.
Newmont (NYSE:NEM – Get Free Report) last posted its earnings results on Thursday, July 23rd. The basic materials company reported $2.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.05 by $0.05. Newmont had a net margin of 33.36% and a return on equity of 29.10%. The company had revenue of $6.12 billion during the quarter, compared to the consensus estimate of $6.35 billion. During the same period in the previous year, the firm posted $1.43 earnings per share. Equities analysts predict that Newmont Corporation will post 9.01 EPS for the current year.
Newmont Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Monday, September 28th. Stockholders of record on Thursday, September 3rd will be paid a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Thursday, September 3rd. Newmont’s dividend payout ratio is presently 13.13%.
More Newmont News Here are the key news stories impacting Newmont this week:
Positive Sentiment: Gold reached record levels. Spot gold traded above $4,500 an ounce and was on track for a third consecutive weekly gain. A softer U.S. dollar, bond-market volatility and inflation concerns increased demand for gold as a safe-haven asset, improving the potential revenue and cash-flow outlook for Newmont. Why Is Newmont Stock Surging Friday? Positive Sentiment: Strong operating performance and capital returns supported sentiment. Newmont reported record second-quarter free cash flow of $2.2 billion and operating cash flow of $2.9 billion, remains on track to produce 5.3 million attributable gold ounces in 2026, and has returned approximately $1.9 billion through dividends and share repurchases since its prior earnings report. Positive Sentiment: Scotiabank raised its earnings forecast. The firm increased its FY2026 EPS estimate to $8.96 from $8.83, maintained an “Outperform” rating and set a $149 price target. The median target among 10 analysts is reported at $145.50, suggesting analysts generally see additional upside. Neutral Sentiment: Newmont appointed Peter Beaven as an independent director. Effective September 1, Beaven is expected to join the Audit Committee, adding finance and global mining experience. The appointment is strategically supportive but is unlikely to materially change near-term earnings. Newmont Appoints Peter Beaven to Board of Directors Neutral Sentiment: Newmont agreed to sell a Nevada gold project to StrikePoint for $70 million. The transaction may help streamline the portfolio and monetize a noncore asset, although the immediate earnings impact was not provided. StrikePoint to Buy Nevada Gold Project from Newmont Negative Sentiment: Reported insider trading was a potential cautionary signal. Company insiders recorded 15 open-market sales and no purchases during the past six months, though such transactions may reflect compensation or personal financial planning rather than a view on Newmont’s business. Newmont Profile (Free Report)
Newmont Corporation (NYSE: NEM) is a leading global gold mining company engaged in the exploration, development, processing and reclamation of gold properties. The company’s core business centers on the production of gold, with additional byproduct metals produced from its operations. Newmont operates a portfolio of long‑lived mines and development projects, and its activities span the full mine life cycle from early-stage exploration through to mining, milling and closure.
Founded in 1921 and headquartered in Greenwood Village, Colorado, Newmont has grown through organic development and strategic acquisitions.
See Also Five stocks we like better than Newmont Blueprint for a Boom: SEC Clears the Crypto Runway Ross Stores Just Flipped the Off-Price Retail Story After TJX’s Marmaxx Miss Advance Auto Parts Plunged, But Its Turnaround Is Still Working Is Palo Alto Networks Priced for Perfection Again as AI Security Demand Accelerates? Want to see what other hedge funds are holding NEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Newmont Corporation (NYSE:NEM – Free Report).
Receive News & Ratings for Newmont Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Newmont and related companies with MarketBeat.com's FREE daily email newsletter.
Allworth Financial LP purchased a new stake in shares of Newmont Corporation (NYSE:NEM – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 19,985 shares of the basic materials company’s stock, valued at approximately $1,867,000.
Several other hedge funds have also added to or reduced their stakes in the company. Leonteq Securities AG bought a new position in shares of Newmont during the fourth quarter worth about $9,018,000. ARS Investment Partners LLC boosted its position in shares of Newmont by 3.6% during the fourth quarter. ARS Investment Partners LLC now owns 697,063 shares of the basic materials company’s stock valued at $69,602,000 after buying an additional 23,900 shares during the last quarter. Private Advisory Group LLC bought a new stake in Newmont during the second quarter worth $10,430,000. Thrivent Financial for Lutherans raised its position in Newmont by 37.7% in the 4th quarter. Thrivent Financial for Lutherans now owns 214,282 shares of the basic materials company’s stock valued at $21,440,000 after buying an additional 58,690 shares during the last quarter. Finally, iA Global Asset Management Inc. raised its holdings in shares of Newmont by 156.9% in the fourth quarter. iA Global Asset Management Inc. now owns 221,790 shares of the basic materials company’s stock valued at $22,146,000 after purchasing an additional 135,446 shares during the last quarter. 68.85% of the stock is owned by institutional investors and hedge funds.
Insider Activity at Newmont In other Newmont news, CFO Brian Tabolt sold 11,445 shares of the stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $105.09, for a total value of $1,202,755.05. Following the completion of the transaction, the chief financial officer directly owned 29,324 shares of the company’s stock, valued at approximately $3,081,659.16. This trade represents a 28.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Natascha Viljoen sold 7,764 shares of the company’s stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $104.00, for a total transaction of $807,456.00. Following the completion of the sale, the chief executive officer directly owned 135,235 shares in the company, valued at $14,064,440. This trade represents a 5.43% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 32,091 shares of company stock worth $3,292,513 over the last three months. 0.06% of the stock is currently owned by corporate insiders.
Wall Street Analysts Forecast Growth A number of equities research analysts have recently commented on NEM shares. TD Cowen reiterated a “buy” rating on shares of Newmont in a research note on Monday, April 27th. Weiss Ratings downgraded shares of Newmont from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, June 17th. Zacks Research lowered shares of Newmont from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 14th. Canadian Imperial Bank of Commerce set a $170.00 target price on Newmont in a research note on Friday, August 14th. Finally, Bank of America reduced their price target on Newmont from $157.00 to $132.00 and set a “buy” rating on the stock in a report on Thursday, July 9th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, Newmont has an average rating of “Moderate Buy” and an average price target of $132.59. Read Our Latest Research Report on NEM
Newmont Stock Up 3.2% Shares of NEM opened at $131.76 on Friday. Newmont Corporation has a 52-week low of $69.05 and a 52-week high of $134.88. The company has a quick ratio of 2.26, a current ratio of 2.55 and a debt-to-equity ratio of 0.15. The stock has a fifty day simple moving average of $101.60 and a two-hundred day simple moving average of $108.96. The company has a market capitalization of $138.83 billion, a PE ratio of 16.64, a price-to-earnings-growth ratio of 1.32 and a beta of 0.47.
Newmont (NYSE:NEM – Get Free Report) last posted its earnings results on Thursday, July 23rd. The basic materials company reported $2.10 EPS for the quarter, beating analysts’ consensus estimates of $2.05 by $0.05. The company had revenue of $6.12 billion for the quarter, compared to analysts’ expectations of $6.35 billion. Newmont had a net margin of 33.36% and a return on equity of 29.10%. During the same quarter in the prior year, the company posted $1.43 earnings per share. As a group, equities analysts forecast that Newmont Corporation will post 9.01 EPS for the current year.
Newmont Dividend Announcement The company also recently declared a quarterly dividend, which will be paid on Monday, September 28th. Stockholders of record on Thursday, September 3rd will be paid a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Thursday, September 3rd. Newmont’s payout ratio is 13.13%.
Trending Headlines about Newmont Here are the key news stories impacting Newmont this week:
Positive Sentiment: Gold reached record levels. Spot gold traded above $4,500 an ounce and was on track for a third consecutive weekly gain. A softer U.S. dollar, bond-market volatility and inflation concerns increased demand for gold as a safe-haven asset, improving the potential revenue and cash-flow outlook for Newmont. Why Is Newmont Stock Surging Friday? Positive Sentiment: Strong operating performance and capital returns supported sentiment. Newmont reported record second-quarter free cash flow of $2.2 billion and operating cash flow of $2.9 billion, remains on track to produce 5.3 million attributable gold ounces in 2026, and has returned approximately $1.9 billion through dividends and share repurchases since its prior earnings report. Positive Sentiment: Scotiabank raised its earnings forecast. The firm increased its FY2026 EPS estimate to $8.96 from $8.83, maintained an “Outperform” rating and set a $149 price target. The median target among 10 analysts is reported at $145.50, suggesting analysts generally see additional upside. Neutral Sentiment: Newmont appointed Peter Beaven as an independent director. Effective September 1, Beaven is expected to join the Audit Committee, adding finance and global mining experience. The appointment is strategically supportive but is unlikely to materially change near-term earnings. Newmont Appoints Peter Beaven to Board of Directors Neutral Sentiment: Newmont agreed to sell a Nevada gold project to StrikePoint for $70 million. The transaction may help streamline the portfolio and monetize a noncore asset, although the immediate earnings impact was not provided. StrikePoint to Buy Nevada Gold Project from Newmont Negative Sentiment: Reported insider trading was a potential cautionary signal. Company insiders recorded 15 open-market sales and no purchases during the past six months, though such transactions may reflect compensation or personal financial planning rather than a view on Newmont’s business. Newmont Profile (Free Report)
Newmont Corporation (NYSE: NEM) is a leading global gold mining company engaged in the exploration, development, processing and reclamation of gold properties. The company’s core business centers on the production of gold, with additional byproduct metals produced from its operations. Newmont operates a portfolio of long‑lived mines and development projects, and its activities span the full mine life cycle from early-stage exploration through to mining, milling and closure.
Founded in 1921 and headquartered in Greenwood Village, Colorado, Newmont has grown through organic development and strategic acquisitions.
Further Reading Five stocks we like better than Newmont Blueprint for a Boom: SEC Clears the Crypto Runway Ross Stores Just Flipped the Off-Price Retail Story After TJX’s Marmaxx Miss Advance Auto Parts Plunged, But Its Turnaround Is Still Working Is Palo Alto Networks Priced for Perfection Again as AI Security Demand Accelerates?
Receive News & Ratings for Newmont Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Newmont and related companies with MarketBeat.com's FREE daily email newsletter.
DENVER--(BUSINESS WIRE)--Newmont Corporation (NYSE: NEM, ASX: NEM) today announced the appointment of Peter Beaven to its Board of Directors, effective Sept. 1, 2026. Mr. Beaven is expected to serve on the Audit Committee of the Board, bringing further finance and global mining experience to Newmont's Board.
Mr. Beaven served as Group Chief Financial Officer of BHP from 2015 to 2021, where he oversaw BHP’s global finance function including strategy, mergers and acquisitions, capital allocation, risk management and investor relations. Over the course of his career, Mr. Beaven has held senior operational and executive roles across major commodities, including copper, base metals, manganese and carbon steel materials. He previously served as Non-Executive Chair of the International Copper Association.
“We are pleased to welcome Peter to our Board as an acknowledged extractive industry leader,” said Greg Boyce, Chair of Newmont’s Board of Directors. “His experience across large-scale resource businesses will build on the deep and diverse expertise of our current Board of Directors.”
“Peter’s financial and strategic expertise will be valuable as Newmont continues to focus on disciplined portfolio management, operational performance and long-term, sustainable value creation,” said Natascha Viljoen, President and Chief Executive Officer at Newmont. “I look forward to working with Peter as part of our Board to deliver Newmont’s strategy.”
About Newmont
Newmont is the world’s leading gold company and a producer of copper, zinc, lead, silver and molybdenum, providing the metals the world needs for today and tomorrow. Founded in 1921 and publicly traded since 1925, Newmont is the only gold producer listed in the S&P 500 Index and is widely recognized for its principled environmental, social, and governance practices. At Newmont, our purpose is to unearth value sustainably to advance lives. To learn more, visit http://www.newmont.com.
Abacus FCF Advisors LLC purchased a new stake in shares of Newmont Corporation (NYSE:NEM – Free Report) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 48,015 shares of the basic materials company’s stock, valued at approximately $4,485,000.
A number of other large investors have also recently made changes to their positions in NEM. Vanguard Group Inc. lifted its stake in Newmont by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 134,107,293 shares of the basic materials company’s stock valued at $13,390,613,000 after acquiring an additional 637,996 shares during the period. BlackRock Inc. purchased a new position in shares of Newmont during the second quarter worth $11,289,753,000. State Street Corp lifted its position in Newmont by 1.0% during the fourth quarter. State Street Corp now owns 49,959,850 shares of the basic materials company’s stock valued at $4,988,491,000 after purchasing an additional 480,223 shares during the period. Van ECK Associates Corp lifted its position in Newmont by 23.4% during the fourth quarter. Van ECK Associates Corp now owns 29,780,063 shares of the basic materials company’s stock valued at $2,973,539,000 after purchasing an additional 5,643,496 shares during the period. Finally, Geode Capital Management LLC raised its stake in shares of Newmont by 3.6% during the 4th quarter. Geode Capital Management LLC now owns 27,011,084 shares of the basic materials company’s stock valued at $2,738,756,000 after buying an additional 946,824 shares during the last quarter. 68.85% of the stock is owned by hedge funds and other institutional investors.
Newmont Trading Up 7.9% Shares of NEM stock opened at $125.18 on Thursday. The stock’s fifty day moving average is $100.36 and its two-hundred day moving average is $108.69. The firm has a market capitalization of $131.90 billion, a P/E ratio of 15.81, a PEG ratio of 1.20 and a beta of 0.47. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.26 and a current ratio of 2.55. Newmont Corporation has a fifty-two week low of $67.69 and a fifty-two week high of $134.88.
Newmont (NYSE:NEM – Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The basic materials company reported $2.10 earnings per share for the quarter, topping analysts’ consensus estimates of $2.05 by $0.05. The firm had revenue of $6.12 billion for the quarter, compared to analyst estimates of $6.35 billion. Newmont had a net margin of 33.36% and a return on equity of 29.10%. During the same period in the previous year, the business posted $1.43 earnings per share. Research analysts expect that Newmont Corporation will post 8.99 earnings per share for the current fiscal year. Newmont Announces Dividend The business also recently announced a quarterly dividend, which will be paid on Monday, September 28th. Stockholders of record on Thursday, September 3rd will be issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Thursday, September 3rd. Newmont’s payout ratio is currently 13.13%.
Insiders Place Their Bets In other news, CEO Natascha Viljoen sold 7,764 shares of Newmont stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $104.00, for a total transaction of $807,456.00. Following the transaction, the chief executive officer owned 135,235 shares in the company, valued at $14,064,440. The trade was a 5.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Peter Toth sold 3,000 shares of the business’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $93.45, for a total transaction of $280,350.00. Following the transaction, the executive vice president directly owned 40,315 shares in the company, valued at approximately $3,767,436.75. The trade was a 6.93% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 32,091 shares of company stock valued at $3,292,513 in the last three months. 0.06% of the stock is currently owned by insiders.
Wall Street Analyst Weigh In NEM has been the topic of several analyst reports. TD raised their target price on Newmont from $127.00 to $133.00 and gave the stock a “buy” rating in a report on Wednesday, August 12th. TD Cowen reissued a “buy” rating on shares of Newmont in a report on Monday, April 27th. BNP Paribas Exane lowered their price objective on Newmont from $111.00 to $102.00 and set a “neutral” rating on the stock in a research report on Tuesday, July 21st. Royal Bank Of Canada lowered their price target on shares of Newmont from $140.00 to $135.00 and set an “outperform” rating on the stock in a report on Thursday, July 9th. Finally, BMO Capital Markets dropped their price target on shares of Newmont from $145.00 to $135.00 and set an “outperform” rating on the stock in a research report on Tuesday, June 23rd. Two research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $132.59.
Get Our Latest Research Report on Newmont
Newmont Profile (Free Report)
Newmont Corporation (NYSE: NEM) is a leading global gold mining company engaged in the exploration, development, processing and reclamation of gold properties. The company’s core business centers on the production of gold, with additional byproduct metals produced from its operations. Newmont operates a portfolio of long‑lived mines and development projects, and its activities span the full mine life cycle from early-stage exploration through to mining, milling and closure.
Founded in 1921 and headquartered in Greenwood Village, Colorado, Newmont has grown through organic development and strategic acquisitions.
Read More Five stocks we like better than Newmont Bloom Energy’s AI Surge Meets a Valuation Reality Check Target Is Winning Shoppers Back—Can the Rally Reach $180? IonQ’s Space Contract Points to a New Frontier for Quantum Investors Is Apple’s AI Strategy Smarter Than Skeptics Think?
Receive News & Ratings for Newmont Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Newmont and related companies with MarketBeat.com's FREE daily email newsletter.
Bitcoin was in demand again after a strong Wednesday after-hours session, which saw it move from $64,000 to briefly touch $70,000 for the first time since June as investors returned to riskier assets.
In early trading on Thursday, the cryptocurrency was changing hands for $69,931.49, up around 1%. The move was part of a broad cryptocurrency rally, with Ether surging 18% above $2,250 in Asian trading. Solana gained more than 10%, XRP rose 10%, and Dogecoin added almost 8%.
The rally accelerated after the US Treasury announced plans to double the size of its longer-dated bond buybacks to $4 billion from $2 billion, a move intended to improve liquidity in the government bond market.
Falling Treasury yields helped ease pressure across financial markets and encouraged investors to move towards riskier assets, including cryptocurrencies.
The upward swing also followed President Donald Trump’s call for Congress to advance the Digital Asset Market Clarity Act, which would establish a regulatory framework for the cryptocurrency industry.
Bitcoin’s advance was amplified by forced buying from traders who had bet on falling prices, with more than $1 billion in short positions liquidated within about an hour during the sharpest part of the move.
Crypto-related shares also rallied, with Coinbase rising 10%, Strategy gaining 13% and Circle increasing 10% as the broader Bitcoin move lifted companies exposed to digital assets.
In early trading on 20 August, Bitcoin held close to $69,000, extending the rally into a second day as traders assessed whether the cryptocurrency could sustain its gains.
The rally marks a reversal from earlier August trading, when concerns over inflation, government borrowing costs and the Federal Reserve’s interest-rate path weighed on demand for volatile assets.
FTSE 100 down 26 points to 10,717 JD Sports sounds earnings alarm Asia shares bounce 9.40am: What next for Bitcoin After the short squeeze, what next for Bitcoin? Well, traders are betting the cryptocurrency has further to run this month, but few see a return to six figures, according to prediction market Polymarket.
The market, which asks what price Bitcoin will hit in August and resolves on 1 September, put the odds of the token reaching $100,000 at just 1%.
The chance of touching $80,000 was priced at 5%, while $77,500 carried a 10% probability and $75,000 sat at 21%.
The most closely watched threshold, $72,500, was given a 46% chance, up 29 percentage points on the day, reflecting a sharp shift in sentiment.
The wager on $67,500 firmed to 59%, up nine points.
The repricing followed a sharp move higher. Bitcoin jumped nearly 8% on Wednesday to around $69,500, its highest level since early June and its steepest single-day climb since March.
The surge forced more than $1 billion in short-position liquidations in about an hour, the biggest wipeout of bearish bets in records dating back to 2021.
Traders had spent weeks pushing the token into the low $60,000s, leaving those betting on further declines badly exposed when the reversal came.
The rally drew fuel from a White House meeting with crypto executives and a Treasury move to expand bond buybacks, which lifted Ether and crypto-related equities alongside Bitcoin.
Whales added roughly $2.9 billion in Bitcoin over 60 days, Bloomberg reported, offering a genuine tailwind beyond the forced buying.
Caution remains, at this stage, the watchword. Bitcoin was still trading below its 200-day moving average near $69,900, a level chartists treat as the marker of an unconfirmed trend reversal.
Spot Bitcoin exchange-traded funds have seen billions in net outflows across 2026, and the Fear and Greed Index remained in "fear" territory even as prices climbed.
With volume on the Polymarket contract topping $11 million, the crowd's verdict is clear: a strong August, but not a record-breaking one.
8.30am: JD tumbles Blue-chip shares defied expectations to trade lower in the first half hour of the session, falling 25.95 points to 10,717.40.
The day's biggest corporate news was a profit warning from JD Sports, which wiped 11% from the value of the retailer.
“JD Sports’ fortunes were long overdue a break, but this update misses such an opportunity by a fair margin," said Richard Hunter, head of markets at interactive investor.
"Several profit warnings in the previous year put a lid on any share price appreciation, and this latest downgrade will do little to cheer investor spirits."
Slow start predicted The FTSE 100 is tipped to nudge higher at Thursday's open, with spread betters pencilling in a gain of around 9 points.
The mood music comes courtesy of an overnight rally across Asia. Markets there took heart after the US Treasury said it would "at least double" its issuance of long-term bonds, a bid to cool borrowing costs that had spiked to near two-decade highs this week.
Wall Street clawed back its losses to close higher, the dollar slid, and traders exhaled. Seoul led Asia's charge, with the Kospi leaping more than 6% at one point as chipmaker SK hynix rocketed over 12% on the back of a $29 billion buyback.
Samsung added almost 9%. Gold, never one to miss a party, jumped back above $4,500 for the first time since early June.
Whether the calm holds is another matter, with oil creeping higher and US borrowing worries lingering.
Next week's Jackson Hole gathering may offer clues on Fed chief Kevin Warsh's rate thinking.
Shares of Newmont Mining (NEM +7.85%) rallied on Wednesday, up 7.9% for the day.
Newmont already reported second-quarter earnings in late July, and there wasn't much company-specific news today. Newmont did announce it had agreed to sell an undeveloped gold project to Canadian mining company StrikePoint Gold for $70 million, plus an additional $50 million contingent payment tied to future milestones.
However, for the world's largest mining company that primarily mines gold, that small divestiture is relatively inconsequential. More consequential was today's rise in gold prices, driven by lower long-term interest rates, which appeared to be due to an increase in the Treasury Department's Treasury Bond buyback program announced this morning.
Today's Change
(
7.85
%) $
9.10
Current Price
$
125.08
Scott Bessent's buyback lowers long-term yields In recent days, the yields on longer-dated Treasury Bonds have increased to multi-decade highs. All else equal, higher long-term yields reduce the value of future earnings and have also tended to reduce the value of assets that don't pay cash interest or dividends.
Gold fits into this category, as gold tends to be seen as a store of value against inflation, but it's not an asset that pays out cash to its owners.
This morning, the U.S. Treasury Department under Treasury Secretary Scott Bessent announced at least a doubling of its Treasury Bond buyback program for long-dated Treasuries. The signal the Treasury is sending is that it will likely buy back longer-dated Treasuries at a discount, since long-term rates have risen, in an effort to tamp down longer-term interest rates. The Treasury Department will likely sell shorter-term Treasury bills and notes to do so.
That may put the Treasury at greater risk of short-term inflationary spikes, but the announcement did result in declining yields on longer-term Treasury Bonds today. And lower yields on long-term bonds tend to be a positive for gold prices.
Image source: Getty Images.
Newmont is a "safe" way to play gold prices Newmont is a massive $120 billion market-cap company that trades around 13 times this year's earnings estimates, with a 0.9% dividend yield. While the stock may not have the upside of smaller, more speculative gold miners, it's one of the "blue chip" mining names that defensive investors can bet on to achieve exposure to higher gold prices.
Keep in mind, however, that despite its size and defensive qualities relative to mining peers, like all gold miners, Newmont is still essentially a leveraged bet on gold prices, which can cut both ways, including significant downside risk should gold prices fall.
Anthropic (Unlisted (US):ANTHRO) is meeting prospective investors ahead of a planned initial public offering (IPO), aiming to reinforce confidence in its rapid growth and explain how it intends to navigate mounting public and political scrutiny of artificial intelligence.
The AI company, valued at around US$965 billion, is facing a series of challenges as investors take a closer look at the durability of its growth and the economics underpinning the broader AI sector.
Among the issues being raised are the growing availability of cheaper AI systems developed in China, tensions with the Trump administration and increasing opposition to the construction of large data centres across the US.
Investors have questioned Anthropic executives about the potential impact of those developments during recent pre-IPO meetings.
The scrutiny reflects continuing uncertainty over which companies will ultimately dominate the AI market and whether the enormous levels of investment flowing into computing infrastructure can generate sustainable returns.
Claude Code drives momentum Anthropic has recently emerged as a leading contender in the AI race, helped by strong demand for its Claude Code software development tool.
The company's growing influence has also prompted concerns among some Silicon Valley executives about the level of power Anthropic could wield across the emerging AI ecosystem.
How Anthropic prices its IPO, and how the shares perform after listing, could have significant implications for the valuations attached to other major AI developers.
Trillions of dollars are being committed to AI infrastructure, much of it directed towards securing computing capacity, on expectations that demand for AI services will continue to expand rapidly.
That makes Anthropic's public-market debut a potentially important test of investors' willingness to continue assigning high valuations to companies requiring substantial spending on computing resources.
Chinese competition played down Anthropic executives have sought to ease concerns about competition from lower-cost Chinese AI developers, telling prospective investors that the company remains focused on producing cutting-edge models.
Chief executive Dario Amodei and other senior US AI executives have argued publicly that users generally gravitate towards the most capable AI systems available.
That position assumes Chinese-developed systems present a more limited competitive threat while their capabilities continue to trail leading US models.
Anthropic is targeting a stock market debut in September or early October, according to people familiar with its plans.
Its biggest rival, OpenAI, is expected to follow with its own IPO, although that listing could be delayed until next year.
Anthropic's offering would therefore provide one of the first major public-market tests of investor appetite for the generation of AI developers that has attracted vast amounts of private capital and driven a global surge in spending on data centres, chips and computing infrastructure.
Index Dow Jones +0,37 % na 53539,31 b. S&P 500 +0,5 % na 7730,3 b. Nasdaq Composite +0,4 % na 26394 b.
Ve středeční seanci americké indexy korigují předchozí úterní pokles, kdy během běžné seance klesl benchmark S&P 500 o 0,7 %, blue-chip Dow Jones Industrial Average ztratil 0,2 % a technologicky zaměřený Nasdaq Composite klesl o 1,3 %, což je jeho nejprudší pokles od 29. července. Investory také trápí rostoucí výnosy amerických státních dluhopisů zvýšily diskontní sazbu uplatňovanou na budoucí zisky, což obzvláště silně zatížilo akcie rychle rostoucích technologických společností. Trh s dluhopisy zůstal klíčovým tématem, protože investoři se obávali inflace, fiskálních deficitů a vysokých vládních zadlužení. Výnos 30letých amerických státních dluhopisů ve středu mírně klesl poté, co v úterý vystoupal na nejvyšší úroveň od června 2007. Desetiletý výnos skončil na přibližně 4,71 %. Dnes bude také investory zajímat zápis z červencového zasedání Federálního rezervního systému, které má být zveřejněno dnes. Zápis bude určitě pod drobnohledem trhu a investorů, tj. aby všichni získali vodítka k výhledu měnové politiky poté, co tři regionální členové ( prezidenti ) Fedu nesouhlasili s rozhodnutím ponechat úrokové sazby beze změny. Dolar na páru s eurem dnes silněji ztrácí -0,67% tj. 1,1654 USD/EUR.
V centru zájmu investorů je také ropa a podle dnešního reportu od EIA zásoby surové ropy ke dni 14.8. vzrostly o 4,405 mil. barelů, když analytici předpokládali menší nárůst o 0,2 mil. barelů. Lehká ropa s oslabujícím dolarem tak přidává 0,5% a dostává se k úrovni 84,5 USD/barel. Podle analytiků vyšší ceny ropy zvyšují obavy z inflace. Situace je také nejistá ve vývoji konfliktu mezi USA a Íránem a též kolem Hormuzského průlivu. Tato situace zatím vyhovuje akciím v těžebním sektoru černého zlata a tak akcie těžebního velikána Exxon Mobil ( XOM ) přidávají o více než 1,1% a také akcie konkurenta britské skupiny BP ( BP ) posilují na tržní ceně o 1,5%. Velmi dobře si dnes vedou také akcie těžaře APA ( APA ), které přidávají více než 5,1% a také velmi dobře si vedou akcie brazilského Petrobrasu ( PBR ), jež posilují o solidních 3%. Za zmínku stojí také akcie francouzského výrobce a dodavatele těžního zařízení Schlumbergeru ( SLB ), které obchodují se ziskem cca 1% a také akcie jeho amerického konkurenta Halliburtonu ( HAL ) přidávají na tržní ceně necelých 1,5%.
Za pozornost investoru dnes určitě stojí akcie světového výrobce kosmetiky Estee Lauder Cos. ( EL ), kde společnost reportovala výsledky za 4Q. Firma překonala odhady trhu v tržbách i v očištěném zisku na akcii a ukončila sérii tří po sobě jdoucích poklesů ročních tržeb. Zároveň potvrdila výhled organických tržeb na fiskální rok 2027 a navýšila projekci očištěné provozní marže. Na základě výsledků jsou akcie ve zvýšeném zájmu investorů a posilují o solidních 17%.
Na růstové vlně se dnes také vezou akcie společnosti Target ( TGT ), která zvýšila svůj roční cíl tržeb již druhé čtvrtletí po sobě, což je potenciálním signálem pokroku v širokém plánu restrukturalizace pod vedením nového generálního ředitele Michaela Fiddelkeho. Porovnatelné tržby i očištěný zisk na akcii předčily očekávání a společnost navíc těžila z vratek cel. Firma rovněž zvýšila celoroční výhled. Akcie Target ( TGT ) dnes přidávají na tržní ceně více než 5,6%.
V centru zájmu investorů dnes nelze opominout také žlutý kov, který za přispění silně oslabujícího dolaru roste o více než 2,8% a zlato se tak dostává k úrovni 4 548 USD/Troy. unci. Tato situace nahrává do karet akciím v těžebním sektoru zlata a tak akcie amerického těžaře Newmontu ( NEM ) posilují na tržní ceně 8,5% a hned v závěsu se pohybují akcie největšího kanadského těžaře zlata Barrick Mining ( B ) se ziskem 7,1%. Za zmínku stojí také akcie známého těžaře Eldorado Gold ( EGO ), které jsou na tom podobně se ziskem cca 8,5%.
Index S&P 500 +0,5 % na 7730,3 b. Nejsilnější sektory S&P Změna Nejslabší sektory S&P Změna Zdravotní péče +3,1 % Průmysl -0,3 % Základní materiály +2,4 % Informační technologie -0,3 % Zbytná spotřeba +1,9 % Utility -0,1 % Nejsilnější akcie S&P Změna Nejslabší akcie S&P Změna Moderna (MRNA) +125 % Dell Technologies (DELL) -6,3 % Estee Lauder Cos (EL) +17 % Crowdstrike Holdings (CRWD) -6,0 % Merck (MRK) +11 % Seagate Technology Holdings (STX) -6,0 % Coinbase Global (COIN) +11 % Keysight Technologies (KEYS) -5,7 % Newmont Corp (NEM) +8,5 % Lam Research Corp (LRCX) -5,2 %
Luboš Bedrník
Fio banka, a.s.
Prohlášení
Initial Mineral Resource Estimate: Ind. 2.86 Moz AuEq* and Inf. 1.57 Moz AuEq*
Bought Deal Financing of C$140 Million Led by Canaccord Genuity
**Not for distribution in the United States of America or to U.S. Newswire services **
VANCOUVER, British Columbia, Aug. 18, 2026 (GLOBE NEWSWIRE) -- (SKP: TSX.V) (STKXF: OTCQB) StrikePoint Gold Inc. (“StrikePoint” or the “Company”) is pleased to announce it has entered into a definitive purchase agreement (the “Agreement”) to acquire the Northumberland Gold Project (“Northumberland” or the “Project”) located in Nevada’s Walker Lane, from subsidiaries of Newmont Corporation (“Newmont”) for upfront cash consideration of US$70 million (the “Transaction”). Northumberland is a substantial, past producing gold deposit largely located on private land. StrikePoint also agreed to make two additional contingent cash payments of US$25 million each in the future, the first within 120 days after completion of a Feasibility Study and the second within 120 days after achievement of certain commercial production milestones at Northumberland.
Key Transaction Highlights
Acquisition of a gold deposit in Nevada’s Walker Lane, a tier-one mining jurisdiction: Nevada is a top ranked mining jurisdiction with numerous operations in the state and an established, proven regulatory framework.Independent mineral resource estimate (“MRE”) of 2.86 million oz (“Moz”) of gold equivalent (“AuEq”) in the indicated category and 1.57 Moz of AuEq* in the inferred category contained within 67 million tonnes (“Mt”) and 31 Mt, respectively. * For grades by individual metals, see Table 1 below, which includes the basis of the AuEq calculation.
Brownfields site on private land potentially simplifies permitting: The current MRE at Northumberland is contained on private property which previously hosted open pit production.Exploration Targets: Northumberland has not been explored since approximately 2010, and numerous untested targets exist, including extensions of the known mineralization.Regional Exploration Package: In addition to the known mineral resources, numerous near pit and property wide exploration targets exist for future exploration.Drill Permits in place: Five separate drill permits are currently in place and are expected to facilitate rig mobilization and efficient exploration on both private and public land following closing, subject to applicable permit transfer or replacement requirements. Michael G. Allen, President and CEO of StrikePoint said: “Acquiring Northumberland is a transformational step for StrikePoint. We will be focused on unlocking the potential of Northumberland going forward and advancing exploration and development activities at Northumberland. In addition to the known initial MRE outlined herein, the acquired land package has potential for additional mineral resources based on identified exploration targets. There are “near pit” and “in pit” opportunities for resource expansion as well as the regional targets to be tested.
Also, I am pleased to welcome Mr. Alan Pangbourne who will be joining the Board of Directors of StrikePoint as Chairman upon completion of the Transaction. Current Chairman, Shawn Khunkhun will remain as a strong voice on the Board.”
Mr. Pangbourne has over 35 years of experience in global mining operations and most recently was the President and CEO of Guyana Goldfields Inc. through to its sale to Zijin Mining Group Co., Ltd. in August 2020. Previously, he was Chief Operating Officer of SSR Mining Inc.; Vice President Projects South America for Kinross Gold Corporation; and held increasingly senior roles at BHP Billiton Ltd., including President and Chief Operating Officer of Nickel Americas, Projects Director for BHP’s Uranium Division, which includes the Olympic Dam Expansion, and Project Manager for BHP’s Spence copper project in Chile, the largest SX-EW copper development project at that time. He was also General Manager at an engineering company that specialized in gold heap leach & carbon-in-pulp plants. Alan is currently a Non-Executive Director at OceanaGold where he also chairs the technical committee.
Alan Pangbourne, incoming Chairman of StrikePoint, said, “Since joining StrikePoint as an advisor, I have worked closely with Management to evaluate targets for acquisition. After a thorough review of the Northumberland Gold Project, I’m excited by the opportunity that the Project represents. The mineral resources already identified in Nevada give us a significant platform to build from, and we will be working hard to advance the Project on multiple fronts.”
Mr. Shawn Khunkhun, outgoing Executive Chairman of the Company and continuing director, said, “The acquisition of the Northumberland Gold Project places StrikePoint as an exciting explorer/developer in Nevada. The skills that Alan brings to the Board of Directors of the Company will be valuable as the Company continues to advance its projects. I look forward to working with him and management on the opportunity that Northumberland represents as a director of StrikePoint.”
Initial Mineral Resource Estimate
The current MRE represents StrikePoint’s initial MRE for the Project. The available drilling information includes 1,511 reverse-circulatory (“RC”) and 37 core holes, drilled by previous operators of the Project, including Cyprus Mines Corporation, Western States Minerals Corporation (“WSMC”), Newmont USA Limited, and Fronteer Development Group Inc. StrikePoint has not yet carried out any drilling or exploration activities at the Project.
The MRE was prepared by Mr. Hebert Lopes Oliveira, B.Sc., P.Geo., Principal Resource Geologist at SLR Consulting (Canada) Ltd. (“SLR”), who is an independent Qualified Person (QP) for the purposes of National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”). The report has an effective date of July 31, 2026 and uses the CIM (2019) Estimation of Mineral Resources and Mineral Reserves (MRMR) Best Practice guidelines and the CIM (2014) definitions for Mineral Resources. SLR has estimated a mineral resource as follows:
Indicated Resource: 67,008 kt containing 2.71 Moz of gold (“Au”) grading at 1.26 g/t Au with 11.60 Moz of silver (“Ag”) grading at 5.38 g/t Ag. Combined, the gold and silver indicated mineral resource equates to 2.86 Moz of AuEq* at an average grade of 1.33 g/t AuEq*. Inferred Resource: 30,967 kt containing 1.52 Moz of gold at a grade of 1.53 g/t Au with 4.26 Moz of silver at a grade of 4.28 g/t Ag. Combined, the gold and silver inferred mineral resource equates to 1.57 Moz of AuEq* at an average grade of 1.58 g/t AuEq*. * For grades by individual metals, see Table 1 below, which includes the basis of the AuEq calculation.
Table 1: Northumberland Resource Estimate (Effective Date of July 31, 2026)
Category Tonnage
(kt) Grade
(g/t Au) Grade
(g/t Ag) Grade
(g/t AuEq*) Contained
Metal
(Au oz) Contained
Metal
(Ag oz) Contained
Metal
(AuEq* oz) Indicated
67,008 1.26 5.38 1.33 2,709,000 11,599,000 2,857,000 Inferred 30,967 1.53 4.28 1.58 1,519,000 4,260,000 1,568,000 Notes: The MRE was prepared by Mr. Hebert Lopes Oliveira, B.Sc., P.Geo., Principal Resource Geologist at SLR, who is an independent Qualified Person (QP) for the purposes of National Instrument 43-101 Standards of Disclosure for Mineral Projects (NI 43-101). This is the initial MRE for StrikePoint, and reflects revised price, cost, and technical assumptions over historical MREs, which should not be relied on. The MRE incorporates the CIM (2019) Estimation of Mineral Resources and Mineral Reserves (MRMR) Best Practice guidelines and the CIM (2014) definitions were followed for Mineral Resources. Metallurgical recoveries consider oxidation state as defined by sulphide content: < 0.5% (oxide) and ≥ 0.5% (fresh), and further subdivide fresh material into low, medium and high preg robbing categories as estimated from preg robbing values (PRV) and assumed as follows: Oxide material: 75% for both Au and Ag Fresh, low PRV material: 90% Au; 70% Ag Fresh, medium PRV material: 80% Au; 60% Ag Fresh, high PRV material: 60% Au; 40% Ag Gold Equivalent (AuEq) = Au(g/t) + (Ag(g/t) x (Ag price x Ag recovery / Au price x Au recovery)).Mineral Resources are estimated at variable AuEq cut-off grades based on long term prices of US$3,500 per gold ounce and US$55 per silver ounce and Au and Ag recoveries by material type as follows: 0.16 g/t (oxide); 0.31 g/t (fresh, low PRV); 0.35 g/t (fresh, medium PRV); and 0.47 g/t (fresh, high PRV). Mineral Resources are reported within an optimized pit shell, using the following assumptions:
Overall pit slope angles of 45° Mining costs of US$2.12/tonne (t) mined G&A costs of US$1.35/t milledProcessing costs of US$12/t milled (oxide); US$30/t milled (sulphide)In situ bulk density is 2.6 t/m3. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. There are no Mineral Reserves at Northumberland.This Mineral Resource estimate includes Inferred Mineral Resources which have had insufficient work to classify them as Indicated Mineral Resources. It is uncertain but reasonably expected that Inferred Mineral Resources could be upgraded to Indicated Mineral Resources with continued exploration.Numbers may not add or multiply accurately due to rounding.The effective date of the Mineral Resource Estimate for Northumberland is July 31, 2026The QP is not aware of any environmental, permitting, legal, title, taxation, socio-economic, marketing, political, or other relevant factors not discussed in this report that could materially affect the Mineral Resource estimate.
Table 2: Pit Optimization Parameters and Calculation of Marginal Cut-Off Grades
Parameter Units Non Preg-
Robbing (Oxides) Low Preg-
Robbing Medium Preg-
Robbing High Preg-
Robbing Gold Price US$/oz3,500 3,500 3,500 3,500 Gold Payability %99.5 99.5 99.5 99.5 Selling Cost (Transport & Refining) US$/oz Au5.00 5.00 5.00 5.00 NSR Price US$/oz Au3,495 3,495 3,495 3,495 Metallurgical Recovery %75 90 80 60 Unit Operating Costs (Process + G&A) US$/t milled13.35 31.35 31.35 31.35 Marginal Cut-off Grade g/t0.16 0.31 0.35 0.47
The Northumberland deposit is open in multiple directions, and the property package has targets that may be subject to future exploration. Any potential expansion of the mineral resource estimate would be subject to the results of further exploration.
Technical Report
A technical report titled “NI 43-101 Technical Report Northumberland Gold Project, Nevada, USA”, with an effective date of July 31, 2026 (the “Technical Report”), has been filed on SEDAR+ concurrently with this news release. The Technical Report supports the disclosure of the Mineral Resource estimate for Northumberland. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. The Technical Report is available on SEDAR+ and on the Company's website at www.strikepointgold.com.
The Northumberland Gold Project
References to active mines and other mineral projects is for illustration purposes only. There can be no assurances the Company will achieve comparable results.
Project Location & Infrastructure
The Northumberland Project is located approximately 150 kilometers by road from Tonopah, Nevada. Access is via paved highway and all-weather county road. Northumberland is located within the Walker Lane of Nevada, host to producers such as Kinross’s Round Mountain Mine, located approximately 60 kilometers by road south of Northumberland. The Walker Lane is a prolific mineral trend with significant historical production, new discoveries (including AngloGold’s Arthur Gold Project as well as Centerra’s Goldfield Project, currently under construction) and operational mines including the Round Mountain Mine operated by Kinross. Northumberland’s mineralization is considered a Carlin-style. References to other mining projects and operations are for geographic context only and are not intended to imply comparable economics, resources, or production potential.
Northumberland was initially discovered in the late 1800s. Significant oxide mineralization was discovered in the 1930s and was mined intermittently by various operators until 1991. Interests in the property were transferred to Nevada Western Gold LLC, which became a subsidiary of New West Gold in 2005. Fronteer Gold acquired Nevada Western’s interest in Northumberland in 2007, before Fronteer, including Northumberland, was acquired by Newmont in 2011.
Transaction Structure
Under the Agreement, Nu Gold LLC (“AcquireCo”), a wholly owned subsidiary of 1599044 B.C. Ltd. (“HoldCo”), a wholly owned subsidiary of StrikePoint, will acquire from Newmont USA Limited and Fronteer Development LLC, each a subsidiary of Newmont, certain claims, fee lands, licenses, permits and equipment making up the Northumberland Gold Project, in consideration for (i) a cash payment in the amount of US$70 million on closing; and (ii) contingent payments of US$25 million within 120 days after the completion of a Feasibility Study on Northumberland and US$25 million within 120 days after the achievement of certain commercial production milestones at Northumberland. The Transaction is an arm’s length transaction.
Share Consolidation and Concurrent Financings
Prior to completion of the Transaction and subject to approval from the TSX Venture Exchange (the “TSXV”), the Company will undertake a consolidation of its shares on a basis of 10 old shares for one new share (the “Consolidation”).
In connection with and prior to the closing of the Transaction, 1599042 B.C. Ltd. (“FinCo”), a subsidiary of the Company, shall complete a Brokered Offering (as defined below). The Company has entered into an engagement letter with Canaccord Genuity Corp. (“Canaccord Genuity” or the “Underwriter”) as lead underwriter for a bought deal private placement financing of 70,000,000 subscription receipts of FinCo (the “Subscription Receipts”) at a price of C$2.00 per Subscription Receipt for aggregate gross proceeds of C$140 million (the “Brokered Offering”). In connection with the Brokered Offering, the Company has granted Canaccord Genuity an option (the “Underwriter’s Option”) to purchase additional Subscription Receipts for additional gross proceeds of up to C$21 million. The Underwriter’s Option is exercisable up to 48 hours prior to the closing of the Brokered Offering. Each Subscription Receipt will entitle the holder thereof to receive one post-Consolidation common share in the capital of the Company (each, a “Share”) without any additional consideration or further action upon satisfaction of the Escrow Release Conditions (as defined below).
The net proceeds from the Brokered Offering will be used to satisfy the cash component of the Transaction, to advance exploration and development activities at Northumberland, and for general corporate purposes (less than 10%).
The gross proceeds from the Brokered Offering, less certain expenses of the Underwriter (the “Escrowed Proceeds”) will be placed into escrow, subject to the completion or satisfaction of all escrow release conditions, including, among other things, the completion or satisfaction of all conditions precedent included in the Agreement and the receipt of all required corporate and regulatory approvals in connection with the Transaction (collectively, the “Escrow Release Conditions”) to be set out in a subscription receipt agreement to be entered into on or about the closing date of the Brokered Offering between the Company, FinCo, the Underwriter, and an escrow agent (the “Escrow Agent”). Provided that the Escrow Release Conditions are satisfied or waived (where permitted) prior to 5:00 p.m. (Toronto time) on the date that is 45 days following closing of the Brokered Offering (the “Escrow Release Deadline”), the Underwriter’s fees will be released to the Underwriter from the Escrowed Proceeds, and the balance of the Escrowed Proceeds (less certain expenses of the Escrow Agent) will be released to the Company, and each Subscription Receipt shall be automatically converted into one Share of the Company upon the amalgamation of FinCo and HoldCo, pursuant to an amalgamation agreement to be entered into among the Company, Finco, and HoldCo. In the event that the Escrow Release Conditions are not satisfied by the Escrow Release Deadline, the Escrow Agent shall return to the holders of the Subscription Receipts an amount equal to the aggregate offering price of the Subscription Receipts held by each such holder and their pro-rata portion of any interest or other income earned on the Escrowed Proceeds and the Subscription Receipts will be cancelled.
All securities issued pursuant to the Brokered Offering will be subject to the private company “indefinite” hold period set out in National Instrument 45-102 – Resale of Securities (“NI 45-102”). Upon satisfaction of the Escrow Release Conditions and the exchange of Subscription Receipts, the underlying Shares shall not be subject to any hold period set out in NI 45-102.
In addition, the Company intends to complete a non-brokered private placement of units of the Company (each, a “Unit”) at a price of C$0.20 per Unit (C$2.00 on a post-Consolidation basis) for gross proceeds of up to C$2 million (the “Non-Brokered Offering” and together with the Brokered Offering, the “Offerings”). Each Unit shall consist of one Share and one-half of one common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant shall be exercisable into one Share (a “Warrant Share”) for a period of three years from the closing date of the Non-Brokered Offering, at an exercise price of C$0.30 per Warrant Share (C$3.00 on a post-Consolidation basis). The proceeds from the Non-Brokered Offering will be used for costs related to the Transaction and for general working capital purposes.
All securities issued pursuant to the Non-Brokered Offering will be subject to a hold period of four months and one day from the date of issuance in accordance with applicable securities legislation.
Certain directors, officers, and other insiders of the Company (collectively, the “Participating Insiders”) are expected to participate in the Offerings. Each issuance by the Company of securities to a Participating Insider in connection with the issuance of Subscription Receipts of FinCo to the Participating Insiders under the Brokered Offering, or in connection with the issuance of Units of the Company to the Participating Insiders under the Non-Brokered Offering, is considered a "related party transaction" within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The Company is exempt from the formal valuation and minority shareholder approval requirements under MI 61-101 in reliance on the exemptions set out in sections 5.5(a) and 5.7(1)(a), respectively, of MI 61-101 as the fair market value of such transactions, insofar as they involve related parties, is not more than 25% of the Company's market capitalization. The Company will not be in a position to file a material change report 21 days prior to the expected closing of the Offerings because the terms of the Offerings and insider participation will not yet have been established by that time, and the Company is electing to proceed with the Offerings as expeditiously as possible.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
The Brokered Offering is being conducted in all provinces of Canada pursuant to private placement exemptions and in such other jurisdictions as agreed to by the Company, FinCo and the Underwriter. Closing of the Offerings and the Transaction are subject to certain customary conditions, including but not limited to, the receipt of all necessary approvals including the conditional approval of the TSXV.
The Transaction constitutes a “Fundamental Acquisition” pursuant to TSXV Policy 5.3. Trading in the Company’s common shares is expected to remain halted pending completion of the Transaction. No finder’s fees are payable in connection with the Transaction or the Offerings.
Board of Directors Approval
The Transaction and the Offerings have been unanimously approved by the Board and, after considering the advice of its financial and legal advisors, the Board has unanimously determined that the Transaction and the Offerings are in the best interest of StrikePoint. The Transaction does not require shareholder approval.
Transaction Timeline
The Company anticipates that the closing of the Transaction will occur on or about the end of September.
Advisors and Counsel
Canaccord Genuity is acting as financial advisor to the Company. DuMoulin Black is acting as Canadian legal counsel to the Company and Parsons Behle & Latimer is acting as US legal counsel to the Company.
Qualified Person Statement:
Hebert Lopes Oliveira, B.Sc., P.Geo., Principal Resource Geologist at SLR Consulting (Canada) Ltd. (“SLR”), is the Qualified Person (“QP”) who prepared the Northumberland Gold Project Mineral Resource Estimate. SLR Consulting (Canada) is “independent” of StrikePoint as defined by Section 1.5 of National Instrument 43-101 - Standards of Disclosure for Mineral Projects (“NI 43-101”).
The QP verified the data underlying the Mineral Resource Estimate disclosed in this news release, including data verification during QP site visit (May 12, 2026) with collar verification, a database audit, and cross‑checks against original laboratory certificates to validate assays. QA/QC reviews of certified reference materials, blanks, duplicates, and external checks confirmed acceptable accuracy and precision for geological data drilling. Twin‑hole correlations, survey/deviation and density checks, and sulphur and preg‑robbing modelling were also completed to support geometallurgical domaining and determined that it is suitable for the estimation of mineral resources. Identified limitations are preg-robbing/sulphur coverage is sparse relative to Au assays database; some metallurgical composites are not tied to specific drillholes/intervals; density data for disturbed materials are limited; geotechnical support for 45° overall pit slopes is not presented.
All technical data and scientific data, as disclosed in this press release, have been reviewed and approved by Michael G. Allen, P. Geo, President and CEO of the Company. Mr. Allen is a qualified person as defined under the terms of NI 43-101.
Short Term Loan
In addition, the Company announces that it has entered into promissory notes with certain individuals including non-arm’s length parties (collectively, the “Lenders”) pursuant to which the Lenders have loaned the Company C$500,000 (the “Loan”). The Loan is non-interest bearing and is due on demand of the Lenders. The proceeds of the Loan will be used by the Company to pay claim maintenance fees for the Company’s Hercules and Cuprite projects in Nevada. The Loan is subject to TSXV acceptance. It is anticipated that the Loan will be repaid from the proceeds of the Non-Brokered Offering. No finder’s fees will be paid or any securities issued in connection with the Loan.
The entering into of the Loan is a "related party transaction" under MI 61-101 as certain Lenders are directors or officers of the Company and therefore each a “related party” of the Company under MI 61-101. The Company is exempt from the formal valuation and minority shareholder approval requirements under MI 61-101 in reliance on the exemptions set out in sections 5.5(a) and 5.7(1)(a), respectively, of MI 61-101 as the fair market value of such transactions, insofar as they involve related parties, is not more than 25% of the Company's market capitalization.
About StrikePoint
StrikePoint is a Vancouver based multi-asset gold exploration company focused on building precious metals resources in the Western United States. StrikePoint’s flagship project will be the 100% owned Northumberland Gold Project located in Nevada’s Walker Lane. In addition to Northumberland, StrikePoint owns a portfolio of exploration properties in Nevada, including the Hercules and Cuprite Gold Projects.
About Nevada
Nevada is one of the most globally recognized mining jurisdictions in the world, with over 218 Moz Au produced to date. Multiple large mining companies operate mines in the state, including Nevada Gold Mines (Barrick/Newmont), Kinross, SSR Mining, McEwan Mining, and Integra Resources.
ON BEHALF OF THE BOARD OF DIRECTORS OF STRIKEPOINT GOLD INC.
“Michael G. Allen”
Michael G. Allen
President, Chief Executive Officer & Director
For more information, please contact:
StrikePoint Gold Inc.
Michael G. Allen, President, CEO & Director
T: (604) 374-8381
E: [email protected]
W: www.strikepointgold.com
Knox Henderson, Head of Investor Relations
T: (604) 551-2360
E: [email protected]
Cautionary Statement on Forward Looking Information
Certain statements made and information contained herein may constitute "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian and United States securities legislation. These statements and information are based on facts currently available to the Company and there is no assurance that actual results will meet management's expectations. Forward-looking statements and information are characterized by such terms as "anticipate", "target", "estimate", "plan", "expect", “potential”, “speculate”, variants of these words and other similar words, phrases, or statements that certain events or conditions "could", "may", "will", or "would" occur. These forward-looking statements or information relate to, among other things: the completion of the Transaction and the Offerings and the anticipated timing thereof, including the anticipated closing of the Transaction; the completion of the Consolidation; the intended use of proceeds from the Offerings; the payment of the contingent consideration to Newmont following completion of a Feasibility Study and the achievement of certain commercial production milestones at Northumberland; the completion of the amalgamation of FinCo and HoldCo; the satisfaction of the Escrow Release Conditions by the Escrow Release Deadline; the Company’s exploration and development plans for Northumberland and the results thereof, including the exploration targets described herein; the timing, cost and results of the work needed to support the completion of economic studies, including those leading up to the completion of a Feasibility Study; the appointment of Mr. Pangbourne as Chairman of the Board upon completion of the Transaction; the anticipated duration of the trading halt; the transfer or replacement of existing drill permits following closing; the repayment of the Short Term Loan; and the receipt of all necessary corporate and regulatory approvals for completion of the Transaction and the Offerings, including the conditional approval of the TSXV.
Such forward-looking information and statements are based on numerous assumptions, including, among others, that the Company will complete the Transaction and the Offerings on the terms and within the timeframe anticipated by management, that the Consolidation will be completed as described herein, that the Mineral Resource Estimate for Northumberland will not be materially revised, that the Company will complete a Feasibility Study and achieve certain commercial production milestones at Northumberland as currently contemplated, that existing drill permits will be successfully transferred or replaced following closing, and that the Company will receive all necessary corporate and regulatory approvals for completion of the Transaction and the Offerings, including the approval of the TSXV. Although the assumptions made by the Company in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
All of the forward-looking statements made in this document are qualified by these cautionary statements. Important factors that could cause actual results to differ materially from the Company’s plans or expectations include risks relating to: the failure to complete the Transaction or the Offerings in the timeframe and on the terms anticipated by management; the Company not receiving all necessary corporate and regulatory approvals for completion of the Transaction and the Offerings, including the approval of the TSXV; the failure to satisfy the Escrow Release Conditions by the Escrow Release Deadline; the failure to complete the Consolidation; the accuracy of the Mineral Resource Estimate for Northumberland, which is based on assumptions regarding metal prices, cut-off grades, recoveries and other parameters that may prove incorrect; the fact that Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability; the risk that further exploration will not result in the delineation of additional mineral resources at Northumberland; delays in, or failure to complete, a Feasibility Study or achieve certain commercial production milestones at Northumberland, which would affect the timing of the contingent payments to Newmont; the risk that existing drill permits may not be successfully transferred or replaced following closing; the potential for an extended trading halt; fluctuations in gold and silver prices; market conditions and access to capital; and other risks associated with the mining industry, including permitting, environmental, title and regulatory risks. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, forecast or intended and readers are cautioned that the foregoing list is not exhaustive of all factors and assumptions which may have been used. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking information. Accordingly, there can be no assurance that forward-looking information will prove to be accurate and forward-looking information is not a guarantee of future performance. Readers are advised not to place undue reliance on forward-looking information. The forward-looking information contained herein speaks only as of the date of this document. The Company disclaims any intention or obligation to update or revise forward–looking information or to explain any material difference between such and subsequent actual events, except as required by applicable law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note for U.S. Investors Concerning Mineral Resources
This news release has been prepared in accordance with the requirements of the securities laws in effect in Canada, which differ from the requirements of United States securities laws. The terms “mineral resource”, “measured mineral resource”, “indicated mineral resource” and “inferred mineral resource” are defined in and required to be disclosed by NI 43-101; however, these terms are not defined terms under the U.S. Securities and Exchange Commission (“SEC”) modernization rules, known as “S-K 1300”, and are normally not permitted to be used in reports and registration statements filed with the SEC. Investors are cautioned not to assume that all or any part of an “measured mineral resource”, “indicated mineral resource” or “inferred mineral resource” will ever be upgraded to a higher category or converted into mineral reserves in accordance with S-K 1300. “Inferred mineral resources” have a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal feasibility. Under Canadian rules, estimates of inferred mineral resources may not form the basis of feasibility or pre-feasibility studies, except in rare cases. Investors are cautioned not to assume that all or any part of an inferred mineral resource exists or is economically or legally mineable. Disclosure of “contained ounces” in a mineral resource is permitted disclosure under Canadian regulations; however, the SEC normally only permits issuers to report mineralization that does not constitute “reserves” by SEC S-K 1300 standards as in place tonnage and grade without reference to unit measures. Accordingly, information contained in this News Release contains descriptions of the Company’s mineral deposits that may not be comparable to similar information made public by U.S. companies subject to the reporting and disclosure requirements under the United States federal securities laws and the rules and regulations thereunder.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/fd9d5df2-a42d-435c-bccc-bcf2ffa3e3fd
Capital Financial Group Inc. Co. ADV acquired a new stake in Newmont Corporation (NYSE:NEM – Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 12,154 shares of the basic materials company’s stock, valued at approximately $1,135,000.
Other institutional investors have also modified their holdings of the company. Pinnacle Bancorp Inc. purchased a new position in Newmont in the first quarter valued at $25,000. Cedar Mountain Advisors LLC purchased a new stake in Newmont during the 1st quarter worth about $25,000. Clearstead Trust LLC purchased a new stake in Newmont during the 2nd quarter worth about $25,000. Swiss RE Ltd. acquired a new position in shares of Newmont during the 4th quarter worth about $26,000. Finally, Cornerstone Planning Group LLC boosted its position in shares of Newmont by 312.1% during the 4th quarter. Cornerstone Planning Group LLC now owns 272 shares of the basic materials company’s stock worth $27,000 after acquiring an additional 206 shares in the last quarter. 68.85% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth A number of research analysts have recently commented on NEM shares. Canaccord Genuity Group dropped their price objective on Newmont from $160.00 to $130.00 and set a “buy” rating on the stock in a report on Thursday, July 23rd. BNP Paribas Exane lowered their price target on Newmont from $111.00 to $102.00 and set a “neutral” rating for the company in a report on Tuesday, July 21st. The Goldman Sachs Group dropped their price target on shares of Newmont from $122.50 to $111.40 and set a “buy” rating on the stock in a research note on Wednesday, July 1st. Argus set a $110.00 price objective on shares of Newmont in a report on Monday, August 3rd. Finally, TD Securities raised shares of Newmont from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 14th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $132.59.
Get Our Latest Research Report on Newmont Insider Buying and Selling at Newmont In other Newmont news, CFO Brian Tabolt sold 11,445 shares of the company’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $105.09, for a total transaction of $1,202,755.05. Following the completion of the transaction, the chief financial officer owned 29,324 shares in the company, valued at approximately $3,081,659.16. This represents a 28.07% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Peter Toth sold 3,000 shares of the firm’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $93.45, for a total transaction of $280,350.00. Following the completion of the sale, the executive vice president owned 40,315 shares of the company’s stock, valued at $3,767,436.75. This trade represents a 6.93% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 32,091 shares of company stock valued at $3,292,513 in the last ninety days. Insiders own 0.06% of the company’s stock.
Newmont Trading Up 2.2% Shares of Newmont stock opened at $120.35 on Tuesday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.26 and a current ratio of 2.55. The company has a market capitalization of $126.81 billion, a P/E ratio of 15.20, a PEG ratio of 1.31 and a beta of 0.47. Newmont Corporation has a 1 year low of $67.20 and a 1 year high of $134.88. The company’s fifty day moving average is $99.36 and its two-hundred day moving average is $108.81.
Newmont (NYSE:NEM – Get Free Report) last announced its earnings results on Thursday, July 23rd. The basic materials company reported $2.10 EPS for the quarter, beating analysts’ consensus estimates of $2.05 by $0.05. Newmont had a net margin of 33.36% and a return on equity of 29.10%. The business had revenue of $6.12 billion during the quarter, compared to analysts’ expectations of $6.35 billion. During the same period in the prior year, the company earned $1.43 earnings per share. Analysts forecast that Newmont Corporation will post 9 earnings per share for the current year.
Newmont Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 28th. Shareholders of record on Thursday, September 3rd will be paid a dividend of $0.26 per share. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $1.04 annualized dividend and a yield of 0.9%. Newmont’s dividend payout ratio is currently 13.13%.
Newmont Company Profile (Free Report)
Newmont Corporation (NYSE: NEM) is a leading global gold mining company engaged in the exploration, development, processing and reclamation of gold properties. The company’s core business centers on the production of gold, with additional byproduct metals produced from its operations. Newmont operates a portfolio of long‑lived mines and development projects, and its activities span the full mine life cycle from early-stage exploration through to mining, milling and closure.
Founded in 1921 and headquartered in Greenwood Village, Colorado, Newmont has grown through organic development and strategic acquisitions.
See Also Five stocks we like better than Newmont Commodities Are Booming, But These 3 ETFs Tell Different Stories 3 Active ETFs Making Big Moves in August This ETF Is Outperforming by Avoiding the S&P 500’s Biggest Problem Birkenstock Beats the Skeptics—But Not on EPS
Receive News & Ratings for Newmont Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Newmont and related companies with MarketBeat.com's FREE daily email newsletter.
BlackRock Inc. acquired a new position in shares of Newmont Corporation (NYSE: NEM) in the undefined quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 120,875,298 shares of the basic materials company's stock, valued at approximately $11,289,753,000. BlackRock Inc. owned approximately 11.47% of Newmont
Auxano Advisors LLC purchased a new position in shares of Newmont Corporation (NYSE:NEM – Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 41,366 shares of the basic materials company’s stock, valued at approximately $3,864,000. Newmont comprises approximately 0.7% of Auxano Advisors LLC’s investment portfolio, making the stock its 19th largest holding.
A number of other institutional investors have also modified their holdings of NEM. Vanguard Group Inc. boosted its holdings in shares of Newmont by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 134,107,293 shares of the basic materials company’s stock worth $13,390,613,000 after purchasing an additional 637,996 shares during the last quarter. BlackRock Inc. acquired a new position in Newmont in the second quarter valued at $11,289,753,000. State Street Corp increased its stake in Newmont by 1.0% in the fourth quarter. State Street Corp now owns 49,959,850 shares of the basic materials company’s stock valued at $4,988,491,000 after purchasing an additional 480,223 shares during the last quarter. Van ECK Associates Corp lifted its position in Newmont by 23.4% during the fourth quarter. Van ECK Associates Corp now owns 29,780,063 shares of the basic materials company’s stock worth $2,973,539,000 after buying an additional 5,643,496 shares during the period. Finally, Geode Capital Management LLC lifted its position in Newmont by 3.6% during the fourth quarter. Geode Capital Management LLC now owns 27,011,084 shares of the basic materials company’s stock worth $2,738,756,000 after buying an additional 946,824 shares during the period. Institutional investors and hedge funds own 68.85% of the company’s stock.
Insider Activity at Newmont In other news, CFO Brian Tabolt sold 11,445 shares of the stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $105.09, for a total value of $1,202,755.05. Following the completion of the sale, the chief financial officer owned 29,324 shares in the company, valued at approximately $3,081,659.16. This trade represents a 28.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Natascha Viljoen sold 7,764 shares of the firm’s stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $104.00, for a total value of $807,456.00. Following the sale, the chief executive officer owned 135,235 shares in the company, valued at approximately $14,064,440. The trade was a 5.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 32,091 shares of company stock worth $3,292,513. Corporate insiders own 0.06% of the company’s stock.
Newmont Stock Performance NYSE NEM opened at $120.35 on Tuesday. The firm has a market capitalization of $126.81 billion, a P/E ratio of 15.20, a P/E/G ratio of 1.31 and a beta of 0.47. Newmont Corporation has a 1-year low of $67.20 and a 1-year high of $134.88. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.55 and a quick ratio of 2.26. The business’s 50-day simple moving average is $99.36 and its 200-day simple moving average is $108.81. Newmont (NYSE:NEM – Get Free Report) last issued its earnings results on Thursday, July 23rd. The basic materials company reported $2.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.05 by $0.05. Newmont had a return on equity of 29.10% and a net margin of 33.36%.The business had revenue of $6.12 billion during the quarter, compared to analysts’ expectations of $6.35 billion. During the same quarter in the previous year, the business earned $1.43 EPS. Equities analysts predict that Newmont Corporation will post 9 EPS for the current year.
Newmont Announces Dividend The business also recently declared a quarterly dividend, which will be paid on Monday, September 28th. Investors of record on Thursday, September 3rd will be issued a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 0.9%. The ex-dividend date is Thursday, September 3rd. Newmont’s dividend payout ratio is currently 13.13%.
Analysts Set New Price Targets NEM has been the subject of several recent analyst reports. TD Cowen restated a “buy” rating on shares of Newmont in a report on Monday, April 27th. Bank of America cut their price objective on shares of Newmont from $157.00 to $132.00 and set a “buy” rating on the stock in a report on Thursday, July 9th. BMO Capital Markets decreased their target price on shares of Newmont from $145.00 to $135.00 and set an “outperform” rating on the stock in a research report on Tuesday, June 23rd. Wall Street Zen downgraded shares of Newmont from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. Finally, Citigroup dropped their price target on shares of Newmont from $150.00 to $125.00 and set a “buy” rating for the company in a research report on Monday, July 20th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, Newmont has a consensus rating of “Moderate Buy” and a consensus target price of $132.59.
Check Out Our Latest Research Report on NEM
Newmont Company Profile (Free Report)
Newmont Corporation (NYSE: NEM) is a leading global gold mining company engaged in the exploration, development, processing and reclamation of gold properties. The company’s core business centers on the production of gold, with additional byproduct metals produced from its operations. Newmont operates a portfolio of long‑lived mines and development projects, and its activities span the full mine life cycle from early-stage exploration through to mining, milling and closure.
Founded in 1921 and headquartered in Greenwood Village, Colorado, Newmont has grown through organic development and strategic acquisitions.
Featured Articles Five stocks we like better than Newmont Commodities Are Booming, But These 3 ETFs Tell Different Stories 3 Active ETFs Making Big Moves in August This ETF Is Outperforming by Avoiding the S&P 500’s Biggest Problem Birkenstock Beats the Skeptics—But Not on EPS Want to see what other hedge funds are holding NEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Newmont Corporation (NYSE:NEM – Free Report).
Receive News & Ratings for Newmont Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Newmont and related companies with MarketBeat.com's FREE daily email newsletter.
Key Takeaways Newmont's co-product AISC rose 22% year over year to $1,938 per ounce in the second quarter.Lower sales volumes, higher royalties and taxes are expected to lift 2026 AISC to $1,680 per ounce.Higher sustaining capital spending and oil prices are expected to drive a sequential cost rise in Q3. Newmont Corporation’s (NEM - Free Report) gold costs applicable to sales (CAS) rose roughly 20% year over year to $1,463 per ounce on a co-product basis in the second quarter of 2026. All-in sustaining costs (AISC) — the most important cost metric of miners — were $1,938 per ounce, reflecting a roughly 22% year-over-year increase. Both metrics also increased year over year on a by-product basis. AISC increased due to higher CAS and increased sustaining capital spending. CAS was impacted by lower gold volumes.
Lower production is expected to lead to higher unit costs in 2026. NEM expects AISC to be $1,680 per ounce on a by-product basis, indicating a notable increase from $1,358 per ounce in 2025. The expected increase is due to lower sales volumes as a result of planned mine sequencing, higher royalties and production taxes, deferral of sustaining capital from 2025 into 2026 and inventory changes.
Newmont also sees a sequential rise in unit costs in the third quarter, mainly due to increased sustaining capital spending and higher oil prices. The production decline and higher costs could undercut the profitability goals.
Looking across the competitive landscape, Barrick Mining Corporation (B - Free Report) saw an 11% year-over-year increase in AISC to $1,866 per ounce in the second quarter. Barrick projects AISC to be $1,760-$1,950 per ounce for 2026. Cash costs per ounce are forecast to be $1,330-$1,470. Barrick also expects cost of sales of $1,870-$2,070 per ounce.
Agnico Eagle Mines Limited (AEM - Free Report) also remains exposed to higher production costs. AEM’s AISC was $1,459 per ounce in the second quarter, marking a roughly 14% year-over-year rise, impacted by higher total cash costs and an uptick in sustaining capital expenditures. Agnico Eagle forecasts total cash costs per ounce in the range of $1,020 to $1,120 and AISC per ounce between $1,400 and $1,550 for 2026, suggesting a year-over-year increase at the midpoint of the respective ranges.
The Zacks Rundown for NEMShares of Newmont have shot up 70.7% in the past year compared with the Zacks Mining – Gold industry’s 50.5% rise.
Image Source: Zacks Investment Research
From a valuation standpoint, NEM is currently trading at a forward 12-month earnings multiple of 12.31, a modest 0.3% premium to the industry average of 12.27X. It carries a Value Score of B.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for NEM’s 2026 and 2027 earnings implies a year-over-year rise of 30.6% and 10.1%, respectively. The EPS estimates for 2026 and 2027 have been trending lower over the past 60 days.
Fielder Capital Group LLC purchased a new stake in Newmont Corporation (NYSE: NEM) during the undefined quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 7,716 shares of the basic materials company's stock, valued at approximately $721,000. A number of other hedge funds have also
Vancouver, British Columbia - TheNewswire - August 13, 2026: Headwater Gold Inc. (CSE: HWG) (OTCQX: HWAUF) (the “Company” or “Headwater”) is pleased to announce that it has entered into a new earn-in agreement (the “Agreement”) with Newmont USA Limited (“Newmont”), a subsidiary of Newmont Corporation (NYSE: NEM, ASX: NEM, PNGX: NEM), on Headwater’s 100% owned Jupiter Project (“Jupiter” or the “Project”) in Nevada.
Jupiter is a 100%-owned, potential district-scale epithermal gold project located in the southern Walker Lane belt. The Project covers a large, well-preserved mineral system with demonstrated gold mineralization and multiple untested priority targets.
Highlights:
Earn-In Agreement: Headwater has entered into a new earn-in agreement with Newmont on the Jupiter Project, under which Newmont may earn up to a 75% interest through staged exploration expenditures totalling US$30,000,000 and delivery of a Pre-Feasibility Study;
Firm Minimum Commitment: The Agreement includes a minimum funding commitment of US$2,500,000 in exploration expenditures over the first 24 months;
Potential District-Scale Epithermal System: Jupiter comprises of an approximate 5 by 8-kilometre hydrothermal alteration footprint with limited historical drilling confirming gold mineralization and multiple untested priority drill targets;
Expenditure Reimbursement: The agreement includes the reimbursement to the Company for US$250,000 in expenditures incurred on the Project prior to the Agreement; and
Expanded Partnership: The Agreement adds a third Headwater project to the Company’s continued exploration relationship with Newmont, alongside the Spring Peak and Lodestar projects.
Caleb Stroup, President and CEO of Headwater, states: “We are delighted to broaden our relationship with Newmont through this new earn-in agreement on the Jupiter Project. Jupiter is exactly the type of opportunity we look for at Headwater: a large, underexplored epithermal system in Nevada with demonstrated gold mineralization, a potential district-scale alteration footprint and multiple untested targets. Headwater recognized the potential for Jupiter to represent one large contiguous district that had not been explored at the district-scale context by previous operators. The scale of the exploration commitment under this Agreement provides an opportunity to systematically test that thesis and represents another example of the Headwater business model working as intended. We generated and secured a high-quality 100%-owned project, advanced the geological concept and have now brought in a world-class partner to fund meaningful exploration while preserving significant upside exposure for Headwater shareholders.”
Jupiter Earn-In Agreement
Table 1: Principal Structure of the Earn-In Agreement:
Stage
Expenditures (US$)
Newmont Interest (%)
Time for Each Stage
Minimum Commitment
$2,500,000
0%
2 Years
from Execution Date
Stage 1
$10,000,000
51%
4 Years
from Execution Date
Stage 2
$20,000,000
65%
3 Years from commencement of Stage 2
Stage 3
Pre-Feasibility Study
with 1.5Moz AuEq
+ 2% NSR royalty
75%
3 Years from commencement of Stage 3
Under the Agreement, Newmont has the right to acquire up to a 75% interest in the Project through staged exploration expenditures and technical milestones.
Minimum Commitment. The agreement includes a minimum commitment of US$2,500,000 in exploration expenditures over the first 24 months of the Agreement.
Stage 1. Newmont may earn an initial 51% interest in the Project by funding US$10,000,000 in exploration expenditures, inclusive of the minimum commitment, within 48 months of the effective date of the Agreement.
Stage 2. If Newmont completes Stage 1, it may elect to earn an additional 14% interest in the Joint Venture, increasing its interest to 65%, by funding US$20,000,000 in additional exploration expenditures within 36 months from the commencement of Stage 2.
Stage 3. If Newmont completes Stage 2, it may then earn an additional 10% interest in the Joint Venture, increasing its interest to 75%, by funding the preparation and delivery of a Pre-Feasibility Study with a minimum 1.5 Moz AuEq and granting Headwater a 2% net smelter return royalty on production, within 36 months from the commencement of Stage 3.
During the initial earn-in period, Headwater will act as manager of the Project and earn a 10% fee, subject to the terms of the Agreement. Additionally, Headwater will be reimbursed for US$250,000 in expenditures incurred on the Project prior to the Agreement.
Click Image To View Full Size
Figure 1: Simplified alteration map of the Jupiter Project target areas and associated geologic features.
About the Jupiter Project
The Jupiter Project is a 100% owned, royalty-free, potential district-scale epithermal gold opportunity in Nye County, Nevada, within the highly prospective Walker Lane belt. It comprises 352 unpatented mining claims covering ~7,000 acres (2,800 ha) on BLM land and lies ~110 km northeast of AngloGold’s Arthur (Silicon-Merlin) project. The Project is underlain by Miocene volcanic rocks intruded by felsic dikes and cut by ENE- to NE-trending structures that define a coherent district-scale structural and magmatic corridor.
Jupiter hosts a laterally extensive and well-zoned hydrothermal system spanning approximately 5 x 8 km. Pervasive kaolinite alteration dominates at surface, consistent with the upper levels of a preserved low-sulfidation epithermal environment. Higher-temperature assemblages (silica-dickite-kaolinite) are localized along multiple structurally controlled corridors, frequently associated with rhyolite dikes. Alteration transitions outward into broad illite zones and distal smectite- and silica-rich assemblages. The most intense surface alteration occurs along a prominent ENE structural corridor (Queen City and Redwing target areas), interpreted as the primary up flow zone. Gold mineralization identified to date is primarily associated with the illite-dominant alteration zone developed beneath the broad upper kaolinite-dickite cap. Several lower-temperature alteration zones show characteristics typical of the upper portions of a low-sulfidation epithermal system, indicating strong potential for both bulk-tonnage and high-grade underground-style targets.
Historical drilling and surface sampling have confirmed gold mineralization, highlighted by 9.1 m at 1.1 g/t Au in hole JURC0001 and rock chips returning up to 3.1 g/t Au. Strong gold-in-soil anomalies and pathfinder elements further delineate potential, along the contact between Paleozoic carbonate rocks and altered volcanic rocks, and wide-spread in the volcanic rocks. Previous exploration (1981–2020) by various operators was fragmented, shallow, and guided by Carlin-type models, leaving the system largely untested along high-angle feeder structures in the altered volcanic units overlying the Paleozoic carbonate rocks. The largest gold deposits in the Walker Lane (Silicon-Merlin and Round Mountain) are largely hosted in volcanic units overlying Paleozoic basement.
Mineralization and hydrothermal alteration are controlled by ENE-trending structures and associated felsic intrusions. Historical geophysical data supports this, showing structural lineaments, demagnetization, conductive clay-altered rocks, and a large untested resistive feature at depth. Headwater has identified multiple high-priority target areas based on known gold, structurally focused alteration, and geochemical anomalies.
The next phase of work is currently designed to include detailed geological mapping, targeted surface sampling, and property-scale geophysical surveys to refine the structural architecture beneath post-mineral cover and prioritize targets for initial drill testing. Preparations are underway for an initial drilling program targeted to commence in late 2026 or early 2027. Jupiter stands out as a compelling, underexplored epithermal system with district-scale potential in a Tier-1 jurisdiction.
About Headwater Gold
Headwater Gold Inc. (CSE: HWG, OTCQX: HWAUF) is a technically driven mineral exploration company focused on the discovery of high-grade precious metal deposits in the Western USA. Headwater is actively exploring one of the world's most well-endowed, mining-friendly jurisdictions, with a goal of making world-class precious metal discoveries. The Company has a large portfolio of epithermal vein exploration projects and a technical team with diverse experience in capital markets and major mining companies. Headwater is systematically drill-testing several projects in Nevada and has strategic earn-in agreements with OceanaGold Corporation on its TJ, Jake Creek and Hot Creek projects, Newmont Corporation on its Spring Peak, Lodestar and Jupiter projects and Centerra Gold Inc. on its Crane Creek project in Idaho. In August 2022 and September 2024, Newmont and Centerra acquired strategic equity interests in the Company, further strengthening Headwater's exploration capabilities.
Marketing Service Agreements
Departures Capital Inc.
The Company has engaged Departures Capital Inc. (“Departures Capital”) to provide marketing and investor relations services designed to enhance the Company’s investor visibility and awareness. Services may include digital media production, video content, development and maintenance of investor-focused landing pages, electronic communications, digital advertising and other related marketing services. The platform/medium through which the services will occur include www.departurescapital.com, www.youtube.com and other social media outlets.
The agreement is effective August 11, 2026 for a six month term to end on February 10, 2027. The total cost to the Company is $25,000 in Canadian funds, plus applicable taxes, paid in advance, and includes $15,000 in managed advertising deployed across digital channels. The compensation does not include options to purchase securities of the Company.
Departures Capital is arm’s length to the Company and, to the knowledge of the Company, neither Departures Capital nor its principals have any present interest, directly or indirectly, in the Company’s securities, nor any right or intent to acquire such an interest.
The Company has engaged CEO.CA Technologies Ltd. (“CEO.CA”) to provide advertising services designed to enhance the Company’s investor visibility and awareness. Services may include desktop and mobile banner advertising, featured news releases, email sponsorships and video interviews syndicated to partners and distributed on CEO.CA website.
The agreement is effective August 11, 2026 for a three month term to end on November 11, 2026. The total cost to the Company is $15,000 in Canadian funds, plus applicable taxes, paid in advance. The compensation does not include options to purchase securities of the Company.
CEO.CA is arm’s length to the Company and, to the knowledge of the Company, neither CEO.CA nor its principals have any present interest, directly or indirectly, in the Company’s securities, nor any right or intent to acquire such an interest.
For more information about Headwater, please visit the Company's website at www.headwatergold.com.
Headwater is part of the NewQuest Capital Group, a discovery-driven investment enterprise that builds value through the incubation and financing of mineral projects and companies. Further information about NewQuest is available at www.nqcapitalgroup.com.
The technical information contained in this news release has been reviewed and approved by Joshua Carron (SME Reg No. 042931540), a “Qualified Person” (“QP”) as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Mr. Carron is not independent, as he is the Company’s Vice President, Exploration.
Forward-Looking Statements: This news release includes certain forward-looking statements and forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein including, without limitation, statements regarding future exploration expenditures by Newmont, Newmont’s anticipated funding of the minimum commitment, and the anticipated business plans and timing of future activities of the Company, are forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Often, but not always, forward-looking information can be identified by words such as “pro forma”, “plans”, “expects”, “may”, “should”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, “believes”, “potential” or variations of such words including negative variations thereof, and phrases that refer to certain actions, events or results that may, could, would, might or will occur or be taken or achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements. Such risks and other factors include, among others, risks related to the anticipated business plans and timing of future activities of the Company, the ability of the Company to obtain sufficient financing to fund its business activities and plans, the risk that Newmont will not elect to continue with additional exploration beyond the Minimum Commitment, the ability of the Company to obtain required permits, changes in laws, regulations and policies affecting mining operations, currency fluctuations, title disputes or claims, environmental issues and liabilities, as well as those factors discussed under the heading “Risk Factors” in the Company's filings with the Canadian Securities Authorities, copies of which can be found under the Company's profile on the SEDAR+ website at www.sedarplus.ca.
Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update any of the forward-looking statements, except as otherwise required by law.
You are now leaving Barron's websiteBy clicking on the “Proceed” button below, you will be redirected to a third-party website owned and operated by Hong Kong Tiimoot Information Technology Co., Limited. (“HKT”), which is located in Hong Kong. That website operates independently from Barron's and Barron's does not control the website. The privacy practices of HKT are subject to its Privacy Statement, so please read it closely. We are not responsible for HKT's privacy or other data-related practices.
Americké akcie jsou povzbuzeny daty z PPI, které snižují sázky na zvýšení úrokových sazeb. Výnosy státních dluhopisů v reakci na to klesly a kapitál se přelévá z bezpečnějších aktiv do růstových. Těží z toho především technologický sektor a sektor zdravotní péče (AbbVie +0,74 %). Daří se ale také utilitám (NextEra +0,45 %) a spotřebitelskému sektoru (Coca-Cola +0,93 %). Naopak se přízni netěší finanční sektor (Bank of America -1,15 %). Nutno k tomu podotknout, že příliv kapitálu opět do technologií je podpořen i předchozími robustními výnosy společností spojených s umělou inteligencí.
Strašákem stále ale zůstává vývoj v Hormuzském průlivu, přičemž pozitivní vyjádření z americké strany střídají vlažná vyjádření ze strany Íránského vedení. Počet proplutých tankerů se postupně snižuje a spolu s tím roste i cena ropy. Dnes je ovšem tento růst přerušen a ropa WTI odepisuje -1,57 %. I toto dnes podporuje růst akcií.
Z růstu technologií jako již obvykle dominuje čipový sekto vedený Sandiskem (+15,9 %) či Super Micro Computer (+7,17 %). Sandisk nastínil růst tržeb do roku 2030. Oproti tomu se nedaří SpaceX (-3,85 %), která konsoliduje po růstu z předchozích dní. Prozatím se ale akcie drží v krátkodobém růstovém kanálu.
Akcie společnosti Cisco Systems klesají o výrazných -8,77 %, ačkoliv kvartální výsledky byly robustní. Analytici uvedli, že laťka očekávání od zisků z AI byla příliš vysoko a predikce je „pouze“ v souladu s očekáváním. Spolu s tím jsme svědky nižších hrubých marží, což investoři poslední dobou zaceňují velice přísně.
Poskytovatel filmů a seriálů Netflix dnes přidává +4,14 %. Je to díky zprávě do významného hedgového fondu Billa Ackrmana, který vytvořil novou pozici ve výši 3,15 mil. akcií. Fond konstatuje, že Netflix fakticky vyhrál streamovací válku a předpokládá dvouciferný růst tržeb.
Index Dow Jones -0,07 % na 53730,95 b.
S&P 500 +0,56 % na 7791,7 b.
Nasdaq Composite +0,71 % na 26776,72 b.
Index S&P 500 +0,56 % na 7791,7 b. Nejsilnější sektory S&P Změna Nejslabší sektory S&P Změna Reality +1,2 % Základní materiály -0,6 % Komunikační služby +1,2 % Energie -0,2 % Informační technologie +1 % Průmysl -0,2 % Nejsilnější akcie S&P Změna Nejslabší akcie S&P Změna Sandisk Corp (SNDK) +15 % Tapestry (TPR) -15 % Western Digital Corp (WDC) +8,7 % Cisco Systems (CSCO) -9,0 % Micron Technology (MU) +6,5 % Coherent Corp (COHR) -4,9 % Super Micro Computer (SMCI) +6,4 % Newmont Corp (NEM) -3,3 % Ciena Corp (CIEN) +5,2 % Ulta Beauty (ULTA) -3,1 %
Jan Pazourek, Fio banka, a.s.
Shares of Barrick Mining (B -1.44%) are down around 0.5% so far this year and off roughly 20% from their 52-week high of $54.69. Based on those numbers, you would think the Canadian mining company is having a bad year, but that's far from the case.
The company reported gold production of 719,000 ounces in the first quarter, up from its guidance of 640,000 to 680,000 ounces. Copper production rose 11%, year over year, to 49,000 tonnes. That increased production, along with elevated prices for gold and copper, is leading to better financials.
Barrick's share price presents an opportunity. Here are three reasons why the stock may be a buy now.
Image source: Getty Images.
Gold may be back on the rise After falling from its all-time high of $5,590 per troy ounce in January, gold is back on the rebound. In June, it had tumbled to below $4,000 per troy ounce for the first time since November 2025, but now it is back over $4,300 per ounce.
While gold is typically viewed as a safe-haven play, its gains during 2025 made gold holdings an obvious asset for liquidity-hit investors to sell once the conflict in Iran broke out at the end of February. On top of that, the rising oil costs stemming from that conflict raised concerns about inflation and potentially higher interest rates, which can make investing in gold less attractive.
As of Aug. 7, though, the precious metal was back up to $4,340 per ounce, up more than 5% over the past month. Some analysts think a new gold run may just be beginning. JPMorgan Chase Global Research forecasts prices per ounce to average $6,000 per ounce by the final quarter of 2026, rising toward $6,300 per ounce by the end of 2027.
And gold is only part of the equation. Copper, increasingly seen as important for technology for its electrical and thermal conductivity, is up more than 38% so far this year.
Today's Change
(
-1.44
%) $
-0.60
Current Price
$
40.64
Barrick's situation in Mali has improved Barrick appears to have settled its problems in the West African nation of Mali. One of the company's largest mines in Africa is Loulo-Gounkoto in Mali. However, after coups in 2020 and 2021, Mali reformed its mining regulations, scrapping stability clauses, adding mid-cycle tax audits with draconian penalties, and requiring companies to agree to a greater local-company ownership dilution, from 20% to 35%.
None of this was good for Barrick, and operations at Loulo-Gounkoto were shut down in 2023 during the dispute. Since late last year, though, the company has been back in control of the mine. Up to 750,000 ounces of gold can be produced there annually, and a return to full operational control is boosting the company's cash flows.
In the first quarter, the company saw increased gold and copper production, leading to better financials. Earnings per share (EPS) were $0.96, up 256%, year over year. Earnings before interest, taxes, depreciation, and amortization (EBITDA) rose 103% over the same period last year to $2.76 billion and EBITDA margin was up 29%, year over year, to 66%. Revenue was reported as $5.22 billion, up 67%, over the same period in 2025.
The proposed spinoff of its North American operations could add value The company has said it plans an initial public offering (IPO) of its North American operations by 2026, retaining control through a 10% to 15% minority stake. The move would make the company's business segments more transparent.
It also could be a boon for investors. Its Tier One North American mining assets would likely command higher enterprise value/EBITDA multiples than Barrick's combined current multiples due to lower geopolitical risk, more stable regulatory frameworks, and stronger institutional investor appetite.
Those plans look more workable now that Barrick has settled its dispute with its venture partner, Newmont (NEM -3.18%), which had filed a formal dispute in February 2026 over production declines at Nevada Gold Mines. Under the terms of the deal, Newmont will pay Barrick $1.95 billion and has consented to Barrick's IPO of its North American mines. It remains to be seen whether strategic advantages and operational efficiency gains will justify such a complex restructuring.
One last reminder Barrick's investors can afford to be patient because of the company's shareholder-friendly actions. After a $1.5 billion share repurchase plan in 2025, it approved a new stock repurchase plan of up to $3 billion in the first quarter of 2026.
Its dividend yield is about 2.11% at the stock's current price. That dividend would grow with better performance. In November, Barrick raised its quarterly base dividend by 25% to $0.125 per share, with the additional amount tied to a performance system.
Index Dow Jones +0,48 % na 54030,82 b., S&P 500 +0,81 % na 7811,27 b., Nasdaq Composite +0,96 % na 26843,3 b.
Americké akcie otevírají předposlední obchodní seanci týdne pozitivně naladěny, když všechny hlavní indexy posilují. Sentiment trhu podpořila slabší než očekávaná inflační data z USA, která podle Bloombergu posílila očekávání, že Fed v září sazby nezvýší. Stále ještě probíhá výsledková sezóna.
Investoři očekávali například výsledky za 4Q fiskálního roku 2026 výrobce síťových zařízení Cisco Systems (-7,1 %). Tržby i očištěný zisk na akcii překonaly odhady analytiků. Společnost zároveň představila výhled na fiskální rok 2027 nad konsensem trhu. Investory však zklamal výhled tržeb spojených s AI datovými centry, který podle analytika UBS vyznívá „velmi, velmi konzervativně“.
Dále reportovala Cerebras Systems (-10,1 %), která navrhuje obrovské čipy a staví specializované systémy pro trénování a provoz rozsáhlých modelů umělé inteligence. Očištěné tržby i celoroční výhled ve 2Q překonaly konsensus analytiků, tahounem byl cloudový byznys, jehož tržby se meziročně téměř zčtyřnásobily. Investorům ale zřejmě nestačil výhled vzhledem k vysokému ocenění.
Anthropic podle lidí obeznámených se situací jedná o převzetí startupu Decart AI za přibližně 6 mld. USD.
Dále se daří akciím výrobci serverů Super Micro Computer (+9,5 %), které rostly již včera (+19 %) poté, co společnost v úterý po trhu zveřejnila kvartální výsledky.
Index S&P 500 +0,81 % na 7811,27 b. Nejsilnější sektory S&P Změna Nejslabší sektory S&P Změna Komunikační služby +1,5 % Energie -0,7 % Reality +1,3 % Průmysl -0,2 % Informační technologie +1,2 % Základní materiály -0,2 % Nejsilnější akcie S&P Změna Nejslabší akcie S&P Změna Super Micro Computer (SMCI) +9,5 % Tapestry (TPR) -16 % Western Digital Corp (WDC) +5,6 % Cisco Systems (CSCO) -7,1 % Robinhood Markets (HOOD) +5,2 % Newmont Corp (NEM) -2,3 % Marvell Technology (MRVL) +4,9 % Ralph Lauren Corp (RL) -2,1 % Hewlett Packard Enterprise (HPE) +4,8 % Baker Hughes (BKR) -2,0 %
Zdroj: Bloomberg
VANCOUVER, British Columbia, Aug. 13, 2026 (GLOBE NEWSWIRE) -- Headwater Gold Inc. (CSE: HWG) (OTCQX: HWAUF) (the “Company” or “Headwater”) is pleased to announce that it has entered into a new earn-in agreement (the “Agreement”) with Newmont USA Limited (“Newmont”), a subsidiary of Newmont Corporation (NYSE: NEM, ASX: NEM, PNGX: NEM), on Headwater's 100% owned Jupiter Project (“Jupiter” or the “Project”) in Nevada. Jupiter is a 100%-owned, potential district-scale epithermal gold project located in the southern Walker Lane belt.
Key Takeaways Barrick's Q2 call centered on its $4B Newmont package and planned North American gold IPO.Barrick's Q2 gold output hit 796,000 ounces, while 2026 gold and copper guidance stayed unchanged.Barrick cut 2026 capex guidance to $3.8B-$4.2B while advancing Fourmile and its year-end IPO. Barrick Mining Corporation (B - Free Report) used its second-quarter 2026 earnings call to frame the Newmont agreement as a reset for Nevada Gold Mines and a key step toward its planned North American gold IPO.
Management kept full-year production and cost guidance unchanged while outlining a higher second-half production cadence and lower capital spending range.
B Resets NGM With NewmontPresident and CEO Mark Hill said the Newmont package carries a total value of about $4 billion, including Fourmile, Newmont's Mike and Fiberline properties, dispute resolution and reduced IPO friction costs.
Newmont will pay Barrick $1.95 billion in cash, and the agreement brings the contributed properties into Nevada Gold Mines, creating a complex with nearly 100 million ounces of gold.
Hill said the reset lets the partners focus on processing capacity, ore movement and infrastructure. He wants the joint venture to reduce ore trucking and optimize future processing.
Barrick Holds IPO at 10%Hill said the North American IPO remains targeted for completion by year-end, with him selected to lead the new company as CEO after separation.
In Q&A, Hill said Barrick still plans to float a 10% minority interest and has no current plan to increase that stake. He also rejected a shareholder spinout.
Chief development officer George Joannou said the company will revisit structural options after Newmont's consent to identify friction-cost savings. Management confirmed that a marketing process will be part of the IPO.
B Keeps Guidance Despite Weather DisruptionsPresident and CEO Mark Hill kept 2026 gold production guidance at 2.90 million to 3.25 million ounces and copper guidance at 190,000 to 220,000 tons.
The company expects third-quarter gold output to exceed second-quarter and fourth-quarter production to rise again. Copper production is also expected to increase in the second half versus the first half.
Second-quarter gold production reached 796,000 ounces, above guidance of 730,000 to 770,000 ounces. Adjusted earnings of $0.82 per share topped the Zacks Consensus Estimate of $0.81. Revenues of $5.29 billion also surpassed the $4.49 billion estimate.
During Q&A, Hill said guidance is not conservative, citing weather-related downtime at Veladero and a water-related shutdown at Porgera. He remained confident in the full-year targets.
Barrick Pushes Fourmile and Trims CapexBarrick reduced 2026 total attributable capital expenditure guidance to $3.8 billion to $4.2 billion from $4.0 billion to $4.45 billion, mainly because of lower spending at Reko Diq.
The CEO said Fourmile's prefeasibility study remains targeted for completion by the end of 2028, while management intends to accelerate development and evaluate added Nevada processing capacity.
A CIBC analyst pressed management for more Fourmile disclosure to help investors model the project. Hill acknowledged the concern and said the company would work on improving the information available.
B Maintains Capital ReturnsSenior EVP and CFO Hongyu Cai said Barrick ended the quarter with $1.2 billion of net cash, an undrawn $3 billion revolver and no meaningful debt due until 2033.
Attributable free cash flow was $141 million in the second quarter, pressured by annual tax and interest timing and a one-time $400 million Loulo-Gounkoto payment. Cai said excluding that payment, attributable free cash flow would have been more than 60% higher year over year.
Barrick repurchased $1.209 billion of shares during the quarter and maintained its $0.175 quarterly base dividend. Its policy targets an annualized payout of 50% of attributable free cash flow.
Barrick's Priorities for the Second HalfPresident and CEO Mark Hill's closing message centered on safety, operational consistency, full-year guidance, growth projects and completion of the North American IPO.
The second-half agenda remains focused on those priorities while management continues efforts to improve safety and keep major growth projects on schedule and on budget.
B's Zacks Rank Tempers Strong Style ScoresB currently carries a Zacks Rank #4 (Sell), reflecting an unfavorable earnings estimate revision trend under the Zacks methodology. Under the Style Score framework, that rank carries more weight than the favorable scores.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The stock has a Value Score of B, Growth Score of A, Momentum Score of A and VGM Score of A. Those grades indicate strong style characteristics, but Style Scores are designed to complement top Zacks Ranks rather than override a weak one. The Zacks Rank can change as analysts revise estimates following the just-reported results.
Newmont Corporation (NYSE:NEM – Get Free Report) CEO Natascha Viljoen sold 7,764 shares of the company’s stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $104.00, for a total transaction of $807,456.00. Following the completion of the sale, the chief executive officer owned 135,235 shares of the company’s stock, valued at $14,064,440. This represents a 5.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Natascha Viljoen also recently made the following trade(s):
On Monday, June 1st, Natascha Viljoen sold 3,882 shares of Newmont stock. The stock was sold at an average price of $105.32, for a total value of $408,852.24. Newmont Trading Up 0.0% Shares of NEM stock opened at $113.03 on Monday. Newmont Corporation has a 12 month low of $67.11 and a 12 month high of $134.88. The company has a market cap of $119.09 billion, a PE ratio of 14.27, a price-to-earnings-growth ratio of 1.26 and a beta of 0.47. The company has a quick ratio of 2.26, a current ratio of 2.55 and a debt-to-equity ratio of 0.15. The business’s 50 day moving average is $97.92 and its two-hundred day moving average is $109.04.
Newmont (NYSE:NEM – Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The basic materials company reported $2.10 earnings per share for the quarter, topping analysts’ consensus estimates of $2.05 by $0.05. The business had revenue of $6.12 billion during the quarter, compared to analysts’ expectations of $6.35 billion. Newmont had a net margin of 33.36% and a return on equity of 29.10%. During the same period in the previous year, the company earned $1.43 earnings per share. Equities analysts predict that Newmont Corporation will post 9 EPS for the current year.
Newmont Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Monday, September 28th. Shareholders of record on Thursday, September 3rd will be given a dividend of $0.26 per share. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $1.04 dividend on an annualized basis and a yield of 0.9%. Newmont’s payout ratio is currently 13.13%.
Institutional Trading of Newmont Several institutional investors have recently modified their holdings of the company. Pinnacle Bancorp Inc. bought a new stake in shares of Newmont during the first quarter valued at approximately $25,000. Cedar Mountain Advisors LLC bought a new position in Newmont in the first quarter worth $25,000. Clearstead Trust LLC acquired a new stake in Newmont during the second quarter worth $25,000. Swiss RE Ltd. acquired a new stake in Newmont during the fourth quarter worth $26,000. Finally, Cornerstone Planning Group LLC increased its holdings in Newmont by 312.1% in the 4th quarter. Cornerstone Planning Group LLC now owns 272 shares of the basic materials company’s stock valued at $27,000 after buying an additional 206 shares during the period. Institutional investors and hedge funds own 68.85% of the company’s stock.
Wall Street Analyst Weigh In A number of research firms have recently commented on NEM. Weiss Ratings lowered Newmont from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, June 17th. Barclays lowered their target price on Newmont from $125.00 to $124.00 and set an “overweight” rating on the stock in a report on Tuesday, July 28th. Zacks Research downgraded Newmont from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 14th. National Bank Financial reduced their price objective on Newmont from $140.00 to $125.00 and set a “sector perform” rating for the company in a research report on Tuesday, July 14th. Finally, Macquarie Infrastructure lowered their price objective on shares of Newmont from $133.00 to $123.00 and set an “outperform” rating on the stock in a research note on Monday, June 15th. Two analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $132.11.
Read Our Latest Stock Analysis on NEM
More Newmont News Here are the key news stories impacting Newmont this week:
Positive Sentiment: Gold rally supports revenue and cash-flow expectations. Gold’s seven-week winning streak is enhancing investor confidence in miners such as Newmont, although the metal remains below its January record. Gold’s Winning Streak: Navigating Your ETF Options Positive Sentiment: Zacks raised Newmont’s longer-term earnings forecasts. Estimates increased to $2.83 EPS for Q1 2028, $2.70 for Q2 2028 and $10.81 for FY2028, up from $2.60, $2.61 and $10.63, respectively. The revisions suggest improving expectations for operating performance and gold prices, though Zacks still rates the shares “Hold.” Positive Sentiment: Valuation remains supportive. Coverage notes that NEM’s strong 182.7% three-year return has not eliminated its potential value, with discounted-cash-flow and earnings-multiple analyses indicating the stock may still trade below intrinsic value. Newmont Stock Stays Reasonable Following Its 183% Three Year Run Neutral Sentiment: Analyst signals are mixed. Newmont has a broadly bullish average brokerage recommendation, but Zacks’ quantitative ranking is “Sell” because of weaker revisions in some measures. This divergence may limit the impact of the positive consensus view. What Does Newmont’s Conflicting NEM Ratings Reveal About Its Underlying Earnings Story? Neutral Sentiment: Newmont retained an approximately 8.2% stake in Awalé after participating in the mining company’s $20.7 million strategic financing, maintaining exposure to a potential exploration asset. Negative Sentiment: Several executives sold shares. CEO Natascha Viljoen sold $807,456 of stock, CFO Brian Tabolt sold $1.20 million, and EVP Peter Toth sold $280,350. The CEO and EVP transactions were executed under pre-arranged Rule 10b5-1 plans, which reduces their signaling value, but the cluster of sales may still weigh modestly on sentiment. About Newmont (Get Free Report)
Newmont Corporation (NYSE: NEM) is a leading global gold mining company engaged in the exploration, development, processing and reclamation of gold properties. The company’s core business centers on the production of gold, with additional byproduct metals produced from its operations. Newmont operates a portfolio of long‑lived mines and development projects, and its activities span the full mine life cycle from early-stage exploration through to mining, milling and closure.
Founded in 1921 and headquartered in Greenwood Village, Colorado, Newmont has grown through organic development and strategic acquisitions.
Featured Articles Five stocks we like better than Newmont Albemarle’s Blowout Quarter Shows Why Lithium Still Matters Can DICK’S Turn Foot Locker Into a Winner? Why Dutch Bros Plunged Despite a Q2 Earnings Beat and Record Revenue Take-Two’s Q1 Results Leave GTA 6 Bulls Stuck in the Fog of War
Receive News & Ratings for Newmont Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Newmont and related companies with MarketBeat.com's FREE daily email newsletter.
Newmont Corporation (NYSE:NEM – Get Free Report) CFO Brian Tabolt sold 11,445 shares of Newmont stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $105.09, for a total value of $1,202,755.05. Following the completion of the transaction, the chief financial officer directly owned 29,324 shares of the company’s stock, valued at $3,081,659.16. This represents a 28.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Newmont Stock Up 0.0% Shares of NYSE:NEM opened at $113.03 on Monday. The company has a quick ratio of 2.26, a current ratio of 2.55 and a debt-to-equity ratio of 0.15. The firm has a market cap of $119.09 billion, a P/E ratio of 14.27, a P/E/G ratio of 1.26 and a beta of 0.47. Newmont Corporation has a 12 month low of $67.11 and a 12 month high of $134.88. The company’s 50-day moving average price is $97.92 and its two-hundred day moving average price is $109.04.
Newmont (NYSE:NEM – Get Free Report) last announced its earnings results on Thursday, July 23rd. The basic materials company reported $2.10 earnings per share for the quarter, topping analysts’ consensus estimates of $2.05 by $0.05. Newmont had a net margin of 33.36% and a return on equity of 29.10%. The company had revenue of $6.12 billion during the quarter, compared to the consensus estimate of $6.35 billion. During the same period in the previous year, the firm posted $1.43 earnings per share. As a group, research analysts forecast that Newmont Corporation will post 9 EPS for the current fiscal year.
Newmont Announces Dividend The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 28th. Investors of record on Thursday, September 3rd will be given a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 0.9%. The ex-dividend date is Thursday, September 3rd. Newmont’s payout ratio is 13.13%.
Analyst Ratings Changes Several research firms have recently commented on NEM. Jefferies Financial Group lowered their target price on Newmont from $158.00 to $146.00 and set a “buy” rating for the company in a research note on Monday, July 6th. Raymond James Financial lowered their price objective on Newmont from $139.00 to $137.00 and set an “outperform” rating for the company in a research report on Tuesday, June 30th. Macquarie Infrastructure cut their target price on shares of Newmont from $133.00 to $123.00 and set an “outperform” rating on the stock in a research report on Monday, June 15th. Citigroup cut their target price on shares of Newmont from $150.00 to $125.00 and set a “buy” rating on the stock in a research report on Monday, July 20th. Finally, UBS Group lowered their price target on shares of Newmont from $140.00 to $120.00 and set a “buy” rating for the company in a research report on Tuesday, June 30th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Newmont currently has an average rating of “Moderate Buy” and a consensus price target of $132.11.
Check Out Our Latest Research Report on Newmont
More Newmont News Here are the key news stories impacting Newmont this week:
Positive Sentiment: Gold rally supports revenue and cash-flow expectations. Gold’s seven-week winning streak is enhancing investor confidence in miners such as Newmont, although the metal remains below its January record. Gold’s Winning Streak: Navigating Your ETF Options Positive Sentiment: Zacks raised Newmont’s longer-term earnings forecasts. Estimates increased to $2.83 EPS for Q1 2028, $2.70 for Q2 2028 and $10.81 for FY2028, up from $2.60, $2.61 and $10.63, respectively. The revisions suggest improving expectations for operating performance and gold prices, though Zacks still rates the shares “Hold.” Positive Sentiment: Valuation remains supportive. Coverage notes that NEM’s strong 182.7% three-year return has not eliminated its potential value, with discounted-cash-flow and earnings-multiple analyses indicating the stock may still trade below intrinsic value. Newmont Stock Stays Reasonable Following Its 183% Three Year Run Neutral Sentiment: Analyst signals are mixed. Newmont has a broadly bullish average brokerage recommendation, but Zacks’ quantitative ranking is “Sell” because of weaker revisions in some measures. This divergence may limit the impact of the positive consensus view. What Does Newmont’s Conflicting NEM Ratings Reveal About Its Underlying Earnings Story? Neutral Sentiment: Newmont retained an approximately 8.2% stake in Awalé after participating in the mining company’s $20.7 million strategic financing, maintaining exposure to a potential exploration asset. Negative Sentiment: Several executives sold shares. CEO Natascha Viljoen sold $807,456 of stock, CFO Brian Tabolt sold $1.20 million, and EVP Peter Toth sold $280,350. The CEO and EVP transactions were executed under pre-arranged Rule 10b5-1 plans, which reduces their signaling value, but the cluster of sales may still weigh modestly on sentiment. Hedge Funds Weigh In On Newmont Several institutional investors have recently modified their holdings of NEM. Cedar Mountain Advisors LLC acquired a new position in shares of Newmont in the 1st quarter valued at $25,000. Pinnacle Bancorp Inc. bought a new position in Newmont during the first quarter worth about $25,000. Swiss RE Ltd. acquired a new position in Newmont in the fourth quarter valued at about $26,000. Clearstead Trust LLC acquired a new position in Newmont in the second quarter valued at about $25,000. Finally, Cornerstone Planning Group LLC increased its holdings in shares of Newmont by 312.1% in the fourth quarter. Cornerstone Planning Group LLC now owns 272 shares of the basic materials company’s stock worth $27,000 after acquiring an additional 206 shares in the last quarter. 68.85% of the stock is currently owned by institutional investors and hedge funds.
About Newmont (Get Free Report)
Newmont Corporation (NYSE: NEM) is a leading global gold mining company engaged in the exploration, development, processing and reclamation of gold properties. The company’s core business centers on the production of gold, with additional byproduct metals produced from its operations. Newmont operates a portfolio of long‑lived mines and development projects, and its activities span the full mine life cycle from early-stage exploration through to mining, milling and closure.
Founded in 1921 and headquartered in Greenwood Village, Colorado, Newmont has grown through organic development and strategic acquisitions.
Recommended Stories Five stocks we like better than Newmont Albemarle’s Blowout Quarter Shows Why Lithium Still Matters Can DICK’S Turn Foot Locker Into a Winner? Why Dutch Bros Plunged Despite a Q2 Earnings Beat and Record Revenue Take-Two’s Q1 Results Leave GTA 6 Bulls Stuck in the Fog of War
Receive News & Ratings for Newmont Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Newmont and related companies with MarketBeat.com's FREE daily email newsletter.
Awalé completes its previously announced strategic financing with the closing of Newmont's equity investment.Newmont maintains its approximately 8.2% ownership in Awalé.Awalé now has over $36.5 million in cash, while Newmont continues funding the Odienné Joint Venture.Toronto, Ontario--(Newsfile Corp. - August 6, 2026) - Awalé Resources Limited (TSXV: ARIC) (OTCQX: AWLRF) (FSE: 2F60) ("Awalé" or the "Company") is pleased to announce that it has closed the second and final tranche (the "Final Tranche") of its non-brokered private placement previously announced on July 14, 2026 and July 28, 2026 (the "Offering") through the subscription by Newmont Ventures Limited, a wholly-owned subsidiary of Newmont Corporation (NYSE: NEM) (ASX: NEM) (PNGX: NEM) ("Newmont"), pursuant to an investment agreement entered into between Newmont and the Company dated as of today's date (the "Investment Agreement") and in accordance with the exercise of its pre-existing participation rights. The closing of the Final Tranche (the "Closing") completes the Company's strategic financing with Predictive Discovery Limited ("PDI"), Fortuna Mining Corp. ("Fortuna") and Newmont pursuant to the Offering, for aggregate gross proceeds of approximately $20.7 million. Proceeds from the Offering, including the Final Tranche, will be primarily used to advance exploration activities across the Company's 100%-owned properties at the Odienné Project in Côte d'Ivoire.
"We welcome Newmont's decision to maintain its ownership position in Awalé through this financing. As the world's largest gold producer, Newmont's continued backing through its ongoing funding of the Odienné Joint Venture and its commitment as a strategic shareholder is a strong endorsement of the quality and long-term potential of the Odienné Project. Together with the investments from PDI and Fortuna, Awalé now has over $36.5 million in cash, providing the flexibility to accelerate exploration across our 100%-owned properties," said Andrew Chubb, President and CEO of Awalé.
Pursuant to the Final Tranche of the Offering, Newmont subscribed for 1,982,538 common shares of the Company ("Common Shares") at a price of $0.85 per Common Share for gross proceeds of $1,685,157.30. Following Closing, Newmont owns 11,682,639 Common Shares, representing approximately 8.2% of the Company's issued and outstanding Common Shares on a non-diluted basis.
Following completion of the Offering, the Company has 143,317,133 Common Shares issued and outstanding. The Company issued an aggregate of 24,320,202 Common Shares to PDI, Fortuna, and Newmont for gross proceeds of $20,672,171.70.
No warrants were issued and no commission was paid in connection with the Final Tranche of the Offering. All securities issued pursuant to the Offering are subject to a statutory hold period of four months plus one day from their respective dates of issuance in accordance with applicable Canadian securities laws. The Offering remains subject to final TSX Venture Exchange ("TSXV") acceptance.
This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or the securities laws of any state of the United States, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the U.S. Securities Act) absent registration under the U.S. Securities Act and applicable state securities laws or an exemption from such registration requirements.
For the purposes of the Offering, U.S. dollar amounts have been converted to Canadian dollars using an exchange rate of US$1.00 = C$1.4146. Unless otherwise specified, all references to $ are Canadian dollars.
Canadian Early Warning Disclosure
Newmont announces that pursuant to the Investment Agreement, it has acquired, on a private placement basis, 1,982,538 Common Shares at a price of US$0.6009 (representing the US Dollar equivalent of $0.85 based on an exchange rate of US$1.00 = C$1.4146) per Common Share for an aggregate purchase price of US$1,191,307.08 (representing the US Dollar equivalent of $1,685,223).
Immediately prior to the Closing, Newmont held 9,700,101 Common Shares and 1,454,357 Common Share purchase warrants ("Warrants"), with each Warrant being exercisable to acquire one Common Share (a "Warrant Share") at a price of $0.20 per Warrant Share for a period of 36 months from December 18, 2023. As such, immediately prior to the Closing, Newmont: (i) held approximately 6.86% of the issued and outstanding Common Shares on a non-diluted basis, and (ii) assuming the exercise in full of all of the Warrants, would have held approximately 7.81% of the issued and outstanding Common Shares on a partially-diluted basis. For more information regarding such Common Shares and Warrants, see Newmont's early warning report dated December 5, 2023 filed on Awalé's SEDAR+ profile.
Immediately following Closing of the Final Tranche of the Offering: (i) Newmont holds an aggregate of 11,682,639 Common Shares and 1,454,357 Warrants, representing approximately 8.15% of the issued and outstanding Common Shares on a non-diluted basis, and (ii) assuming the exercise in full of all of the Warrants, Newmont would hold an aggregate of 13,136,996 Common Shares, representing approximately 9.07% of the issued and outstanding Common Shares on a partially-diluted basis.
Newmont acquired the Common Shares pursuant to the Final Tranche of the Offering for investment purposes, and in the future, Newmont may, from time to time, increase or decrease its investment in Awalé through market transactions, private agreements, treasury issuances or otherwise, depending on market conditions and any other relevant factors.
Newmont's head office is located at 6900 E Layton Avenue, Suite 700, Denver, CO 80237.
An early warning report will be filed by Newmont in accordance with applicable securities laws and will be available under Awalé's profile on the SEDAR+ website at www.sedarplus.ca, and may also be obtained by contacting Neil Backhouse, [email protected] or Shannon Brusche, [email protected].
About Awalé Resources
Awalé Resources is a diligent and systematic mineral exploration company focused on discovering large-scale gold and gold-copper deposits in Côte d'Ivoire. The Company's flagship Odienné Project now hosts an initial inferred Mineral Resource Estimate[1] of 1.71 million ounces gold equivalent across the BBM, Charger, and Empire deposits (32.4 Mt at 1.33 g/t Au and 0.33% Cu), providing a strong foundation for ongoing growth and future economic studies.
The Odienné Project covers 2,346 km2 across seven permits, including 797 km2 held under the Awalé-Newmont Joint Venture. Awalé manages exploration activities across the joint venture area, with funding currently provided by Newmont Ventures Limited under the Exploration Agreement signed in May 2022.
In addition to the current resource base defined on the joint venture ground, Awalé controls a substantial 100%-owned land position across the broader Odienné district, where multiple untested and early-stage targets provide additional potential discovery upside. Across the Project, Awalé has identified multiple gold and gold-copper systems and continues to build a pipeline of targets with potential to support further discoveries and resource growth.
With a skilled and experienced technical team, together with support from three strategic shareholders, Awalé is advancing exploration in an underexplored and pro-mining jurisdiction with clear potential for district-scale discoveries.
AWALÉ Resources Limited
On behalf of the Board of Directors
"Andrew Chubb"
Chief Executive Officer
The Company's public documents may be accessed at www.sedarplus.ca. For further information on the Company, please visit our website at www.awaleresources.com.
Forward-Looking Information
This news release contains forward-looking information within the meaning of applicable Canadian securities laws (collectively, "forward-looking statements"). Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, plan, propose, potential, postulate, target, continue, advance and similar expressions, or are those which, by their nature, refer to future events. All statements that are not statements of historical fact are forward-looking statements. Forward-looking statements in this news release include, but are not limited to, statements regarding the receipt of TSXV final acceptance for the Offering, filing of early warning report, the use of proceeds from the Offering, the Company's presence in Côte d'Ivoire and ability to achieve results, creation of value for Company shareholders, achievements under the Newmont exploration agreement, advancement and expansion of the Odienné Project, the potential size, scale and quality of the mineral resource estimate at BBM, Charger and Empire, the conversion or upgrading of inferred mineral resources, timing and results of future drilling programs, resource expansion potential at BBM, Charger and Empire, and exploration and discovery potential at Fremen and other targets, the potential for additional discoveries, expectations regarding the timing and completion of a preliminary economic assessment and advancement toward pre-feasibility studies, timing for receipt of assay results, commencement and continuation of operations, and the potential development of the Odienné Project. Although the Company believes the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations and assumptions will prove to be correct. Factors that could cause actual results to differ materially from forward-looking information include, but are not limited to, failure to receive TSXV final acceptance for the Offering, the results of exploration and drilling programs, the interpretation of exploration and mineral resource results, changes in mineral resource estimates, the ability to convert inferred mineral resources to indicated mineral resources, the ability to complete future economic studies, fluctuations in commodity prices, changes in the state of equity and debt markets, delays in obtaining required regulatory, governmental, environmental or other project approvals, availability of financing, and the other risks involved in the mineral exploration and development industry, including those risks set out in the Company's management's discussion and analysis and other continuous disclosure documents filed under the Company's profile at SEDAR+ at www.sedarplus.ca. Forward-looking information in this news release is based on the opinions and assumptions of management considered reasonable as of the date hereof, including, without limitation, that all necessary governmental and regulatory approvals will be received as and when expected, that financing will be available on reasonable terms, and that exploration, development and study activities will proceed as currently planned. Although the Company believes the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
[1] The full Initial Mineral Resource Estimate news release dated May 19, 2026, including detailed assumptions and methodology, is available at www.awaleresources.com and SEDAR+ www.sedarplus.ca.
NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/308349
Source: Awale Resources Ltd.
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Let's take a look at what these Wall Street heavyweights have to say about Newmont Corporation (NEM - Free Report) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.
Newmont currently has an average brokerage recommendation (ABR) of 1.33, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 24 brokerage firms. An ABR of 1.33 approximates between Strong Buy and Buy.
Of the 24 recommendations that derive the current ABR, 19 are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 79.2% and 8.3% of all recommendations.
Brokerage Recommendation Trends for NEM
Check price target & stock forecast for Newmont here>>>
The ABR suggests buying Newmont, but making an investment decision solely on the basis of this information might not be a good idea. According to several studies, brokerage recommendations have little to no success guiding investors to choose stocks with the most potential for price appreciation.
Do you wonder why? As a result of the vested interest of brokerage firms in a stock they cover, their analysts tend to rate it with a strong positive bias. According to our research, brokerage firms assign five "Strong Buy" recommendations for every "Strong Sell" recommendation.
In other words, their interests aren't always aligned with retail investors, rarely indicating where the price of a stock could actually be heading. Therefore, the best use of this information could be validating your own research or an indicator that has proven to be highly successful in predicting a stock's price movement.
Zacks Rank, our proprietary stock rating tool with an impressive externally audited track record, categorizes stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), and is an effective indicator of a stock's price performance in the near future. Therefore, using the ABR to validate the Zacks Rank could be an efficient way of making a profitable investment decision.
ABR Should Not Be Confused With Zacks RankAlthough both Zacks Rank and ABR are displayed in a range of 1--5, they are different measures altogether.
Broker recommendations are the sole basis for calculating the ABR, which is typically displayed in decimals (such as 1.28). The Zacks Rank, on the other hand, is a quantitative model designed to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5.
Analysts employed by brokerage firms have been and continue to be overly optimistic with their recommendations. Since the ratings issued by these analysts are more favorable than their research would support because of the vested interest of their employers, they mislead investors far more often than they guide.
In contrast, the Zacks Rank is driven by earnings estimate revisions. And near-term stock price movements are strongly correlated with trends in earnings estimate revisions, according to empirical research.
Furthermore, the different grades of the Zacks Rank are applied proportionately across all stocks for which brokerage analysts provide earnings estimates for the current year. In other words, at all times, this tool maintains a balance among the five ranks it assigns.
Another key difference between the ABR and Zacks Rank is freshness. The ABR is not necessarily up-to-date when you look at it. But, since brokerage analysts keep revising their earnings estimates to account for a company's changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in indicating future price movements.
Should You Invest in NEM?Looking at the earnings estimate revisions for Newmont, the Zacks Consensus Estimate for the current year has declined 8.2% over the past month to $9.06.
Analysts' growing pessimism over the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates lower, could be a legitimate reason for the stock to plunge in the near term.
The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #4 (Sell) for Newmont. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
Therefore, it could be wise to take the Buy-equivalent ABR for Newmont with a grain of salt.
Chelsea Counsel Co. cut its stake in shares of Newmont Corporation (NYSE:NEM – Free Report) by 35.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,685 shares of the basic materials company’s stock after selling 6,456 shares during the period. Chelsea Counsel Co.’s holdings in Newmont were worth $1,265,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors have also modified their holdings of NEM. Pinnacle Bancorp Inc. purchased a new stake in Newmont during the 1st quarter valued at $25,000. Cedar Mountain Advisors LLC bought a new stake in Newmont in the first quarter worth $25,000. Swiss RE Ltd. purchased a new position in Newmont during the fourth quarter worth $26,000. Cornerstone Planning Group LLC increased its position in Newmont by 312.1% during the fourth quarter. Cornerstone Planning Group LLC now owns 272 shares of the basic materials company’s stock valued at $27,000 after acquiring an additional 206 shares during the last quarter. Finally, JPL Wealth Management LLC bought a new position in Newmont during the third quarter valued at $27,000. 68.85% of the stock is owned by institutional investors.
Insider Activity at Newmont In related news, CEO Natascha Viljoen sold 3,882 shares of the stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $105.32, for a total value of $408,852.24. Following the transaction, the chief executive officer owned 142,999 shares of the company’s stock, valued at $15,060,654.68. This represents a 2.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Peter Toth sold 3,000 shares of the firm’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $92.38, for a total value of $277,140.00. Following the transaction, the executive vice president owned 43,315 shares in the company, valued at $4,001,439.70. The trade was a 6.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 9,882 shares of company stock worth $1,001,952. 0.06% of the stock is owned by insiders.
Wall Street Analysts Forecast Growth NEM has been the subject of several analyst reports. BMO Capital Markets lowered their target price on shares of Newmont from $145.00 to $135.00 and set an “outperform” rating for the company in a report on Tuesday, June 23rd. Wall Street Zen downgraded shares of Newmont from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. TD raised shares of Newmont from a “hold” rating to a “buy” rating and reduced their price objective for the stock from $129.00 to $127.00 in a research report on Tuesday, July 14th. BNP Paribas Exane decreased their price objective on shares of Newmont from $111.00 to $102.00 and set a “neutral” rating for the company in a research note on Tuesday, July 21st. Finally, Barclays dropped their target price on Newmont from $125.00 to $124.00 and set an “overweight” rating for the company in a research report on Tuesday, July 28th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $132.83.
View Our Latest Report on Newmont
Newmont Trading Down 0.0% Shares of NEM opened at $93.70 on Monday. The firm has a market capitalization of $98.73 billion, a price-to-earnings ratio of 11.83, a PEG ratio of 1.05 and a beta of 0.47. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.55 and a quick ratio of 2.26. Newmont Corporation has a 1-year low of $61.76 and a 1-year high of $134.88. The company has a 50-day moving average of $98.48 and a 200 day moving average of $109.43.
Newmont (NYSE:NEM – Get Free Report) last issued its earnings results on Thursday, July 23rd. The basic materials company reported $2.10 EPS for the quarter, topping analysts’ consensus estimates of $2.05 by $0.05. The business had revenue of $6.12 billion for the quarter, compared to the consensus estimate of $6.35 billion. Newmont had a net margin of 33.36% and a return on equity of 29.10%. During the same period in the prior year, the firm earned $1.43 EPS. On average, research analysts expect that Newmont Corporation will post 8.99 EPS for the current year.
Newmont Announces Dividend The company also recently declared a quarterly dividend, which will be paid on Monday, September 28th. Investors of record on Thursday, September 3rd will be issued a $0.26 dividend. The ex-dividend date is Thursday, September 3rd. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.1%. Newmont’s payout ratio is presently 13.13%.
Newmont Profile (Free Report)
Newmont Corporation (NYSE: NEM) is a leading global gold mining company engaged in the exploration, development, processing and reclamation of gold properties. The company’s core business centers on the production of gold, with additional byproduct metals produced from its operations. Newmont operates a portfolio of long‑lived mines and development projects, and its activities span the full mine life cycle from early-stage exploration through to mining, milling and closure.
Founded in 1921 and headquartered in Greenwood Village, Colorado, Newmont has grown through organic development and strategic acquisitions.
Featured Articles Five stocks we like better than Newmont 3 Fixed-Income ETFs Show Why Yield Is Only Part of the Income Story AbbVie Quietly Solved Its Biggest Problem—Now What? Rio Tinto’s Results Make the Case for Looking Beyond Tech in the AI Trade Strategy’s Structural Strength: Hidden in a $8 Billion Illusion Want to see what other hedge funds are holding NEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Newmont Corporation (NYSE:NEM – Free Report).
Receive News & Ratings for Newmont Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Newmont and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINERTX Corporation $RTX Shares Sold by Chelsea Counsel Co.
NEXT HEADLINE »Glenmede Trust Co. NA Sells 28,063 Shares of CNX Resources Corporation. $CNX
Investors in Newmont Corporation (NEM - Free Report) need to pay close attention to the stock based on moves in the options market lately. That is because the Aug 21, 2026 $55 Call had some of the highest implied volatility of all equity options today.
What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.
What do the Analysts Think?Clearly, options traders are pricing in a big move for Newmont shares, but what is the fundamental picture for the company? Currently, Newmont is a Zacks Rank #4 (Sell) in the Mining – Gold industry that ranks in the Bottom 5% of our Zacks Industry Rank. Over the last 30 days, no analysts have increased their earnings estimates for the current quarter, while three analysts have revised their estimates downward. The net effect has taken our Zacks Consensus Estimate for the current quarter from $2.29 per share to $1.98 in that period.
Given the way analysts feel about Newmont right now, this huge implied volatility could mean there’s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.
Key Takeaways NEM's expansion through projects and strong free cash flow support shareholder returns.EQX is expanding through new projects and acquisitions while targeting 700,000-800,000 ounces in 2026. EQX trades at a lower forward earnings multiple, while both companies' 2026 EPS estimates have declined. Newmont Corporation (NEM - Free Report) and Equinox Gold Corp. (EQX - Free Report) are two prominent growth-focused gold producers. While gold prices have pulled back sharply from their January 2026 highs, they remain supportive.
Heightened geopolitical tensions, a weaker U.S. dollar and tariff-related worries had driven bullion to a record high of nearly $5,600 per ounce in late January. Since then, gold has pulled back sharply due to inflation concerns triggered by a surge in crude oil prices amid Middle East tensions, with prices falling to $4,500 per ounce around the end of May.
Bullion continued to retreat in June, with prices slipping below $4,000 per ounce to a near eight-month low amid rate-hike expectations and a stronger greenback, despite reduced inflation concerns following the interim agreement between the United States and Iran. Aggressive profit-booking also contributed to the slump in gold prices.
Gold prices recouped some losses to climb above $4,100 per ounce recently, but again eased toward $4,000 per ounce as a surge in oil prices has stoked renewed inflation fears. Meanwhile, the Federal Reserve held interest rates steady in the latest policy meeting notwithstanding renewed U.S.-Iran hostilities and inflation concerns, driving gold prices to near $4,100 per ounce.
Let’s dive deep and closely compare the fundamentals of these two gold miners to determine which one is a better investment now.
The Case for NewmontNewmont continues to invest in growth projects in a calculated manner. The company is pursuing several projects, including the Cadia Panel Caves and Tanami Expansion 2 in Australia. These projects should expand Newmont’s production capacity and extend mine life, driving revenues and profits.
In October 2025, NEM achieved a significant milestone at Ahafo North. It achieved commercial production at the project, which followed the first gold pour in September 2025. Ahafo North is expected to produce between 275,000 and 325,000 ounces of gold annually over an estimated mine life of 13 years.
NEM recently received key regulatory approvals from the Province of British Columbia for its Red Chris Block Cave Project, marking a major milestone in the planned transformation of the Red Chris Mine from an open-pit operation to a large-scale block-cave mine. The approvals take the project closer to a final investment decision, which Newmont expects to make later this year.
Newmont has also divested non-core businesses as it shifts its strategic focus to Tier 1 assets. The company generated $3.6 billion from its portfolio optimization actions in 2025. These funds will support Newmont’s capital allocation strategy, which focuses on reinforcing its balance sheet and delivering returns to its shareholders.
Newmont has a strong liquidity position and generates substantial cash flows, which allow it to fund its growth projects, meet short-term debt obligations and drive shareholder value. At the end of the second quarter of 2026, Newmont had robust liquidity of roughly $13 billion, including cash and cash equivalents of around $9 billion. Net cash provided by operating activities amounted to $2.9 billion in the second quarter, up roughly 23% from the year-ago quarter. Free cash flow increased to $2.2 billion from $1.7 billion a year earlier.
Newmont distributed $3.4 billion to its shareholders through dividends and share repurchases in 2025. It has returned $1.9 billion to its shareholders since April 23, 2026. Newmont has executed buybacks under the current $6 billion authorized share repurchase program, with $4.3 billion remaining under it. NEM offers a dividend yield of 1.1% at the current stock price. Its payout ratio is 11%.
Newmont also remains committed to deleveraging, reducing debt by roughly $3.4 billion in 2025. It ended the second quarter with a strong net cash position of $3.4 billion and remains actively focused on managing its debt.
NEM saw lower gold production for the second quarter, partly linked to its strategic divestment of non-core assets. The company reported a roughly 13% year-over-year and 1% sequential decline in attributable gold production to 1.29 million ounces. Lower output from Cadia and reduced grades across certain mines impacted production. Newmont expects third-quarter 2026 production to be largely in line with the second-quarter level.
The company anticipates gold production at about 5.26 million ounces for 2026, indicating a year-over-year decline from 5.89 million ounces in 2025. NEM expects lower production from Penasquito and Cadia in 2026 due to the site transitions. It also sees lower-than-expected production from Nevada Gold Mines and Pueblo Viejo. These will be partly offset by contributions from the newly commissioned Ahafo North mine.
Lower production is expected to lead to higher unit costs in 2026. NEM expects all-in-sustaining costs (AISC) — a critical cost metric for miners — to be $1,680 per ounce on a by-product basis, a notable increase from $1,358 per ounce in 2025. The expected increase is due to lower sales volumes as a result of planned mine sequencing, higher royalties and production taxes, deferral of sustaining capital from 2025 into 2026 and inventory changes. Newmont also sees a sequential rise in unit costs in the third quarter, mainly due to increased sustaining capital spending and higher oil prices. The production decline and higher costs could undercut the profitability goals.
The Case for Equinox GoldEquinox Gold has rapidly evolved into a diversified, growth-focused gold producer. With operating mines spanning Canada, the United States and Brazil, it is targeting over one million ounces of annual production through an ambitious pipeline of expansions. It currently has five producing mines and three expansion projects that are expected to add more than 500,000 ounces of organic growth over the next few years. EQX remains on course to achieve its 2026 gold production guidance of 700,000-800,000 ounces.
EQX, in 2025, closed its transformative business combination with Calibre Mining Corp., creating an Americas-focused diversified gold producer anchored by two high-quality Canadian gold mines, Greenstone and Valentine. The integrated entity will become the second-largest gold producer in Canada with Greenstone and Valentine operating at nameplate capacity. Through this combination, Equinox Gold enhances its asset base with operating mines in Nicaragua and the United States, as well as earlier-stage assets in the United States.
Greenstone, which achieved commercial production in November 2024, achieved average mining rates of more than 199,000 tons per day in the second quarter. Greenstone is expected to produce around 320,000 ounces of gold on average annually with opportunities for further growth. EQX is advancing the Valentine Phase 2 expansion, which is expected to increase processing throughput to 5 million tons annually from the current 2.5 million tons per year and boost production by roughly 25%. The Phase 2 project at Castle Mountain in California is expected to increase production to an average of 218,000 ounces annually over a 14-year Phase 2 mine life, with further potential for expansion from exploration. A restart and expansion at Los Filos in Mexico is expected to add 280,000 ounces on average annually.
Equinox Gold inked a deal with Orla Mining Ltd. (ORLA - Free Report) on May 13, 2026, for an at-market combination to create a North American senior gold producer. Once completed, the combined company will operate as Equinox Gold.
ORLA shareholders will receive 1.00 Equinox Gold common share and a nominal cash payment of $0.0001 for each Orla Mining common share as part of the deal. Annual gold production from the combined company is projected to be 1.1 million ounces, driven by a highly complementary portfolio of six North American mines.
Equinox Gold’s Greenstone mine in Ontario and the Valentine mine in Newfoundland & Labrador, along with Orla Mining’s Musselwhite mine, will have a cumulative production of 685,000 ounces of gold in Canada. Of this, Greenstone and Valentine mines are expected to produce 450,000 ounces, with Musselwhite contributing 235,000 ounces of gold. The proposed business combination has been approved by shareholders of both companies.
EQX has a strong balance sheet and generates substantial cash flows, which allows it to fund its growth projects and drive shareholder value. The company ended the first quarter of 2026 with strong liquidity of $923 million, including roughly $363 million in unrestricted cash and cash equivalents. It also generated cash flow from operations (before changes in non-cash working capital) of $341 million in the quarter. It paid dividends worth $11.8 million to its shareholders in the quarter. EQX offers a dividend yield of 0.7% at the current stock price, with a payout ratio of 8%.
NEM & EQX: Price Performance, Valuation & Other ComparisonsNEM stock has rallied 47.1% over the past year, while EQX stock has gained 46.9%, compared with the Zacks Mining – Gold industry’s 39.9% increase.
Image Source: Zacks Investment Research
NEM is currently trading at a forward 12-month earnings multiple of 9.59. This represents a modest 2.9% discount when stacked up with the industry average of 9.88X.
Image Source: Zacks Investment Research
Equinox Gold is trading at a discount to Newmont. The EQX stock is currently trading at a forward 12-month earnings multiple of 7.49, below its industry average.
Image Source: Zacks Investment Research
EQX’s long-term debt-to-capitalization is around 8.7%, lower than NEM’s 13.4%.
Image Source: Zacks Investment Research
How Do Zacks Consensus Estimates Compare for NEM & EQX?The Zacks Consensus Estimate for NEM’s 2026 sales and EPS implies a year-over-year rise of 15.6% and 30.5%, respectively. The EPS estimates for 2026 have been trending lower over the past 60 days.
Image Source: Zacks Investment Research
The consensus estimate for EQX’s 2026 sales and EPS implies year-over-year growth of 53.9% and 276.7%, respectively. The EPS estimates for 2026 have been trending southward over the past 60 days.
Image Source: Zacks Investment Research
NEM or EQX: Which Stock Holds the Edge?Both Newmont and Equinox Gold are demonstrating strong financial performance and commitment to shareholder returns, supported by still-favorable gold prices. Both have a strong pipeline of development projects and solid financial health. EQX appears to have an edge over NEM due to its more attractive valuation and higher growth projections. EQX’s lower leverage also suggests lower financial risks. Investors seeking exposure to the gold space might consider Equinox Gold as the more favorable option at this time.
While NEM currently carries a Zacks Rank #4 (Sell), EQX has a Zacks Rank #3 (Hold).
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Arete Wealth Advisors LLC raised its position in Newmont Corporation (NYSE:NEM – Free Report) by 88.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 44,567 shares of the basic materials company’s stock after buying an additional 20,955 shares during the quarter. Arete Wealth Advisors LLC’s holdings in Newmont were worth $4,807,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also modified their holdings of the company. Opal Capital LLC acquired a new stake in shares of Newmont during the first quarter worth about $736,000. Amundi increased its position in Newmont by 4.4% in the 1st quarter. Amundi now owns 8,780,775 shares of the basic materials company’s stock valued at $950,519,000 after acquiring an additional 372,415 shares during the period. Parvin Asset Management LLC increased its position in Newmont by 1.4% in the 1st quarter. Parvin Asset Management LLC now owns 39,385 shares of the basic materials company’s stock valued at $4,263,000 after acquiring an additional 555 shares during the period. EverSource Wealth Advisors LLC raised its stake in Newmont by 13.3% during the 1st quarter. EverSource Wealth Advisors LLC now owns 13,928 shares of the basic materials company’s stock valued at $1,508,000 after acquiring an additional 1,631 shares during the last quarter. Finally, Recurrent Investment Advisors LLC raised its stake in Newmont by 2.6% during the 1st quarter. Recurrent Investment Advisors LLC now owns 97,245 shares of the basic materials company’s stock valued at $10,527,000 after acquiring an additional 2,500 shares during the last quarter. 68.85% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In Several brokerages have weighed in on NEM. TD upgraded Newmont from a “hold” rating to a “buy” rating and lowered their target price for the company from $129.00 to $127.00 in a research note on Tuesday, July 14th. BNP Paribas Exane cut their price target on Newmont from $111.00 to $102.00 and set a “neutral” rating for the company in a research note on Tuesday, July 21st. Argus increased their price target on Newmont from $94.00 to $125.00 and gave the stock a “buy” rating in a report on Thursday, April 23rd. Barclays lowered their price objective on shares of Newmont from $125.00 to $124.00 and set an “overweight” rating on the stock in a research report on Tuesday. Finally, National Bank Financial dropped their price objective on shares of Newmont from $140.00 to $125.00 and set a “sector perform” rating on the stock in a research note on Tuesday, July 14th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, Newmont has a consensus rating of “Moderate Buy” and an average price target of $132.83.
Read Our Latest Stock Report on NEM
Newmont Stock Down 2.1% Newmont stock opened at $91.54 on Wednesday. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.55 and a quick ratio of 2.26. Newmont Corporation has a 1-year low of $61.76 and a 1-year high of $134.88. The company has a market cap of $96.45 billion, a PE ratio of 11.56, a price-to-earnings-growth ratio of 1.11 and a beta of 0.46. The stock’s 50 day moving average price is $99.34 and its 200 day moving average price is $109.76.
Newmont (NYSE:NEM – Get Free Report) last released its quarterly earnings data on Thursday, July 23rd. The basic materials company reported $2.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.05 by $0.05. The firm had revenue of $6.12 billion during the quarter, compared to analysts’ expectations of $6.35 billion. Newmont had a return on equity of 29.10% and a net margin of 33.36%.During the same quarter in the prior year, the business posted $1.43 earnings per share. On average, sell-side analysts predict that Newmont Corporation will post 8.92 EPS for the current fiscal year.
Newmont Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Monday, September 28th. Stockholders of record on Thursday, September 3rd will be paid a dividend of $0.26 per share. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.1%. Newmont’s dividend payout ratio is 13.13%.
Insider Activity at Newmont In other news, insider David John Thornton sold 2,296 shares of the stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $110.11, for a total value of $252,812.56. Following the completion of the transaction, the insider owned 23,163 shares in the company, valued at $2,550,477.93. This trade represents a 9.02% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Natascha Viljoen sold 3,882 shares of the firm’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $105.32, for a total transaction of $408,852.24. Following the completion of the sale, the chief executive officer owned 142,999 shares of the company’s stock, valued at $15,060,654.68. This trade represents a 2.64% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 28,556 shares of company stock valued at $3,058,146. Company insiders own 0.06% of the company’s stock.
About Newmont (Free Report)
Newmont Corporation (NYSE: NEM) is a leading global gold mining company engaged in the exploration, development, processing and reclamation of gold properties. The company’s core business centers on the production of gold, with additional byproduct metals produced from its operations. Newmont operates a portfolio of long‑lived mines and development projects, and its activities span the full mine life cycle from early-stage exploration through to mining, milling and closure.
Founded in 1921 and headquartered in Greenwood Village, Colorado, Newmont has grown through organic development and strategic acquisitions.
See Also Five stocks we like better than Newmont These 3 Stocks Have Soared in 2026—Can They Keep Climbing? Hasbro’s Earnings Beat Shows Why This Is No Longer Just a Toy Story Rambus: Another AI Phoenix Ready to Rise From the Ashes of Correction Chips & Clips: Memory Tariffs Rewire Tech Supply Chains
Receive News & Ratings for Newmont Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Newmont and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINEArete Wealth Advisors LLC Buys New Position in Analog Devices, Inc. $ADI
Amundi increased its holdings in Newmont Corporation (NYSE:NEM – Free Report) by 4.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,780,775 shares of the basic materials company’s stock after acquiring an additional 372,415 shares during the period. Amundi owned about 0.82% of Newmont worth $950,519,000 at the end of the most recent quarter.
Other large investors have also added to or reduced their stakes in the company. Pinnacle Bancorp Inc. bought a new position in Newmont during the 1st quarter valued at $25,000. Cedar Mountain Advisors LLC bought a new stake in shares of Newmont in the 1st quarter worth $25,000. Swiss RE Ltd. bought a new position in shares of Newmont during the fourth quarter valued at about $26,000. Cornerstone Planning Group LLC boosted its holdings in Newmont by 312.1% during the fourth quarter. Cornerstone Planning Group LLC now owns 272 shares of the basic materials company’s stock worth $27,000 after purchasing an additional 206 shares during the last quarter. Finally, JPL Wealth Management LLC purchased a new position in Newmont during the third quarter worth about $27,000. Institutional investors own 68.85% of the company’s stock.
Newmont Price Performance Shares of NYSE:NEM opened at $91.54 on Wednesday. Newmont Corporation has a twelve month low of $61.76 and a twelve month high of $134.88. The firm has a market capitalization of $96.45 billion, a PE ratio of 11.56, a P/E/G ratio of 1.11 and a beta of 0.46. The company has a quick ratio of 2.26, a current ratio of 2.55 and a debt-to-equity ratio of 0.15. The company has a 50-day moving average price of $99.34 and a two-hundred day moving average price of $109.76.
Newmont (NYSE:NEM – Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The basic materials company reported $2.10 earnings per share for the quarter, beating the consensus estimate of $2.05 by $0.05. The firm had revenue of $6.12 billion for the quarter, compared to analysts’ expectations of $6.35 billion. Newmont had a return on equity of 29.10% and a net margin of 33.36%.During the same period in the prior year, the business posted $1.43 earnings per share. Equities analysts forecast that Newmont Corporation will post 8.92 EPS for the current year.
Newmont Announces Dividend The company also recently declared a quarterly dividend, which will be paid on Monday, September 28th. Stockholders of record on Thursday, September 3rd will be issued a $0.26 dividend. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $1.04 annualized dividend and a dividend yield of 1.1%. Newmont’s dividend payout ratio is presently 13.13%.
Analysts Set New Price Targets NEM has been the subject of several analyst reports. Argus increased their price objective on shares of Newmont from $94.00 to $125.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. Royal Bank Of Canada reduced their target price on Newmont from $140.00 to $135.00 and set an “outperform” rating for the company in a report on Thursday, July 9th. Raymond James Financial decreased their price target on Newmont from $139.00 to $137.00 and set an “outperform” rating for the company in a research report on Tuesday, June 30th. The Goldman Sachs Group cut their price objective on Newmont from $122.50 to $111.40 and set a “buy” rating on the stock in a research report on Wednesday, July 1st. Finally, Bank of America reduced their price objective on Newmont from $157.00 to $132.00 and set a “buy” rating for the company in a research note on Thursday, July 9th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, Newmont has a consensus rating of “Moderate Buy” and a consensus target price of $132.83.
Check Out Our Latest Report on Newmont
Insiders Place Their Bets In related news, insider David John Thornton sold 2,296 shares of Newmont stock in a transaction on Friday, May 1st. The stock was sold at an average price of $110.11, for a total transaction of $252,812.56. Following the completion of the sale, the insider owned 23,163 shares of the company’s stock, valued at approximately $2,550,477.93. This trade represents a 9.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Natascha Viljoen sold 3,882 shares of the business’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $105.32, for a total value of $408,852.24. Following the transaction, the chief executive officer owned 142,999 shares of the company’s stock, valued at approximately $15,060,654.68. The trade was a 2.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 28,556 shares of company stock worth $3,058,146. 0.06% of the stock is currently owned by corporate insiders.
Newmont Profile (Free Report)
Newmont Corporation (NYSE: NEM) is a leading global gold mining company engaged in the exploration, development, processing and reclamation of gold properties. The company’s core business centers on the production of gold, with additional byproduct metals produced from its operations. Newmont operates a portfolio of long‑lived mines and development projects, and its activities span the full mine life cycle from early-stage exploration through to mining, milling and closure.
Founded in 1921 and headquartered in Greenwood Village, Colorado, Newmont has grown through organic development and strategic acquisitions.
Featured Stories Five stocks we like better than Newmont These 3 Stocks Have Soared in 2026—Can They Keep Climbing? Hasbro’s Earnings Beat Shows Why This Is No Longer Just a Toy Story Rambus: Another AI Phoenix Ready to Rise From the Ashes of Correction Chips & Clips: Memory Tariffs Rewire Tech Supply Chains Want to see what other hedge funds are holding NEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Newmont Corporation (NYSE:NEM – Free Report).
Receive News & Ratings for Newmont Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Newmont and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINEAmundi Purchases 254,632 Shares of Analog Devices, Inc. $ADI
NEXT HEADLINE »Amundi Has $1.58 Billion Position in GE Vernova Inc. $GEV
