Newmont Announces First Quarter Operating and Financial Results
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April 27, 2015 6:25 AM EDT
Credit Suisse upgraded Newmont Mining Corp. (NYSE: NEM) from Neutral to Outperform with a price target of $30.00 (from $26.00).
Analyst A. Soni cited: (i) operational consistency which we expect to continue; (ii) lower costs than the current market perception due to the use of... More
April 23, 2015 4:18 PM EDT
Newmont Mining (NYSE: NEM) reported Q1 EPS of $0.46, $0.23 better than the analyst estimate of $0.23. Revenue for the quarter came in at $1.97 billion versus the consensus estimate of $1.95 billion.
2015 2017 OUTLOOK
Newmont remains on track to meet its full year 2015 outlook for gold and copper production, CAS and AISC. Total 2015 CAS and AISC are unchanged, but the Companys revised outlook reflects a three percent reduction in Asia Pacific region costs, offsetting an increase in Africa costs. Boddington and Tanami CAS and AISC outlook for 2015 are lower than previous estimates due primarily... More
