Newmont Corporation (NEM, Financial): Key Highlights
- Reported a record first-quarter free cash flow of $1.2 billion for 2025.
- Strengthened financial position with $4.7 billion in cash and significant divestments.
- Completed substantial share repurchases totaling $755 million.
Newmont Corporation (NEM, Financial) recently unveiled its impressive first-quarter results for 2025, showcasing a record free cash flow of $1.2 billion. This achievement is a testament to Newmont's robust operational performance, highlighting its strategic financial management. The company continues to enhance its financial position, boasting a strong balance sheet with $4.7 billion in cash. This stability is further reinforced by $2.5 billion generated through divestments, alongside share repurchases amounting to $755 million.
Wall Street Analysts Forecast
As we delve into Wall Street's projections for Newmont Corp (NEM, Financial), insights from 18 analysts reveal an average one-year price target of $61.21. This projection includes a high estimate of $77.50 and a low of $52.00, indicating a potential upside of 15.16% from the current stock price of $53.15. Investors can access more comprehensive forecast data on the Newmont Corp (NEM) Forecast page.
Newmont's stock is currently rated at 2.0 by 20 brokerage firms, denoting an "Outperform" status. This recommendation falls within a rating scale of 1 to 5, where 1 represents a Strong Buy and 5 indicates a Sell.
Furthermore, the GF Value estimate by GuruFocus suggests a valuation of $48.61 for Newmont Corp (NEM, Financial) over the coming year, implying a downside of 8.54% from the current price point of $53.15. This valuation metric reflects GuruFocus' assessment of the stock's fair trading value, factoring in historical trading multiples, past business growth, and future performance estimates. For deeper insights, visit the Newmont Corp (NEM) Summary page.
