Newmont Corporation reported strong second-quarter 2025 financial results, surpassing market expectations. The company posted a net income of $2.1 billion and an adjusted net income of $1.6 billion, translating to an adjusted earnings per share (EPS) of $1.43, well above the estimated $1.12. Revenue reached $5.32 billion, exceeding the forecast of $4.85 billion. Gold production totaled approximately 1.48 million ounces, outperforming the estimated 1.39 million ounces. The average realized gold price was $3,320 per ounce, with an all-in sustaining cost (AISC) of $1,630 per ounce, in line with guidance. Newmont generated a record quarterly free cash flow of $1.7 billion and ended the quarter with $6.2 billion in cash. The company maintained its full-year attributable gold production outlook at 5.9 million ounces. Additionally, Newmont announced a $3 billion share repurchase program. Year-over-year, quarterly revenue increased by 20.8%, average realized gold prices rose 41.4%, net cash grew 137.7%, and debt decreased by 17.9%. The strong earnings results contributed to a rise in Newmont's stock price, which traded at about 13 times earnings post-announcement.
$NEXG.V @NexGoldMining Weekly chart primed pushing neckline on a well defined year long cup & handle. With the bonanza high grade assays they're returning on this drill program heading into an updated MRE & subsequent updated Feasibility Study there's no shortage of catalysts. https://t.co/EW5dAJ5fkE https://t.co/dnmfnxEudg
$NEXG.V @NexGoldMining Intersects 40.09 g/t gold over 17.7M at the Goldboro Open Pit Gold Project 👏 Final assays from the full program in the coming weeks, all to be used in the updated Mineral Resource which will inform the updated Feasibility Study. https://t.co/id4XOOh91b
$RDG.V @RidgelineNV Ridgeline Minerals & Nevada Gold Mines Commence 6,000-meter Drill Program at the Swift Gold Project, Nevada Nevada Gold Mines (JV between majors Barrick $GOLD & Newmont $NGT ) has approved a 2025 exploration budget of up to $5M USD https://t.co/a4gTuhIKMx