Newmont Announces Solid Second Quarter Results
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Newmont (NEM) Tops Q2 EPS by 5c
July 22, 2021 7:05 AM EDTNewmont (NYSE: NEM) reported Q2 EPS of $0.80, $0.05 better than the analyst estimate of $0.75. Revenue for the quarter came in at $3.07 billion versus the consensus estimate of $3.19 billion.
Produced 1.4 million attributable ounces of gold and 303 thousand attributable gold equivalent ounces from co-productsReported gold CAS* of $755 per ounce and AISC* of $1,035 per ounceFull-year results continue to be back-half weighted, in line with guidance ranges**Generated $993 million of cash from continuing operations and $578 million of Free Cash Flow (97 percent attributable to... More