Newmont Delivers Solid First Quarter 2021 Results
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Newmont (NEM) Misses Q1 EPS by 3c, Revenues Miss
April 29, 2021 7:16 AM EDTNewmont (NYSE: NEM) reported Q1 EPS of $0.74, $0.03 worse than the analyst estimate of $0.77. Revenue for the quarter came in at $2.87 billion versus the consensus estimate of $3.21 billion.
FIRST QUARTER 2021 HIGHLIGHTS
Produced 1.5 million attributable ounces of gold and 317 thousand attributable gold equivalent ounces from co-productsReported gold CAS* of $752 per ounce and AISC* of $1,039 per ounceGenerated $841 million of cash from continuing operations and $442 million of Free Cash Flow (99 percent attributable to Newmont)*Full-year production continues to be... More