Gold Faces Headwinds From Calmer Markets, Yet Newmont’s Record Cash Flow Tells Another Story
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The post Gold Faces Headwinds From Calmer Markets, Yet Newmont’s Record Cash Flow Tells Another Story appeared first on 24/7 Wall St..
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Newmont (NEM) posted Q1 adjusted EPS of $2.90, beating estimates by $0.72, with record quarterly free cash flow of $3.1B driven by $4,900 average realized gold prices and all-in sustaining costs down 21% to $1,029 per ounce; the board authorized a $6.0B buy
Quick Read
Newmont (NEM) posted Q1 adjusted EPS of $2.90, beating estimates by $0.72, with record quarterly free cash flow of $3.1B driven by $4,900 average realized gold prices and all-in sustaining costs down 21% to $1,029 per ounce; the board authorized a $6.0B buy
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