Newmont Announces Solid Second Quarter 2020 Results
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Newmont (NEM) Tops Q2 EPS by 20c, Revenues Miss
July 30, 2020 6:44 AM EDTNewmont (NYSE: NEM) reported Q2 EPS of $0.51, $0.20 better than the analyst estimate of $0.31. Revenue for the quarter came in at $2.37 billion versus the consensus estimate of $2.41 billion.
SECOND QUARTER 2020 HIGHLIGHTS
Produced 1.3 million attributable ounces of gold* and reported CAS* of $748 per ounce and AISC* of $1,097 per ounce and produced 138 thousand attributable gold equivalent ounces from co-productsGenerated $668 million of cash from... More