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Newmont Corporation  (NEM)
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    Sector  Basic Materials    Industry Metal Mining
   Industry Metal Mining
   Sector  Basic Materials


 

Newmont Corporation

NEM's Financial Statements and Analysis



Newmont Corporation reported in the second quarter of 2024 net earnings per share of $0.74 an increase by 289.47 % year on year from $0.19 and an improvement of 393.33 % from $0.15 realized in I. Quarter (Mar 31 2024).


second quarter of 2024
Earnings Per Share Revenues
$ 0.74 $  4,402 Mill
$+0.55     +289.47 % $+1,719M     +64.07 %



Newmont's Revenue rose by 64.07 % in second quarter of 2024 (Jun 30 2024) year on year, to $4,402 million and advanced by 9.42 % sequentially.


Newmont is

More on NEM's Income Statement



Newmont 's net income of $857.000 million in the second quarter of 2024 increased by 452.9 % from net earnings of $155.000 million achieved in II. Quarter a year ago.

Sequentially net earnings grew by 378.77 % from net income of $179.000 million realized in previous quarter.

More on NEM's Growth

Newmont Inventories
NEM's Cash flow In the second quarter of 2024 company's net cash flow was $118 million, capital expenditures fell by -90788.89%, to $-800 millions compare to same quarter a year ago

More on NEM's Cash flow Statement


Newmont Corporation payed out dividend of $2.25 per share in last 52 weeks

In trailing twelve-month period Newmont Corporation earned $ 4.30 cash per share, on a free-cash flow basis .

Book value grew by 1.50 % sequentially to $25.60 per share.
Tangible Book value grew to $ 23.18 per share from $ 22.80.

Company issued 2.00 million shares or 0.17 % in Jun 30 2024.


More on NEM's Dividends

 Market Capitalization (Millions) 62,035
 Shares Outstanding (Millions) 1,155
 Total Debt (Millions $) 8,692
 Revenue (TTM) (Millions $) 14,875
 Net Income (TTM) (Millions $) -1,949
 Cash Flow (TTM) (Millions $) -50
 Capital Exp. (TTM) (Millions $) -3,700
 Dividend TTM ($) 2.25 $
 Dividend Yield TTM (%) 1.86 %
 Employees (TTM) $ 32,400




Newmont Corporation payed out dividend of $2.25 per share in the last 52 weeks

In trailing twelve-month period Newmont Corporation had $ 4.30 cash flow per share, on a free-cash flow basis .

Book value grew by 1.50 % sequentially to $25.60 per share.
Tangible Book value grew to $ 23.18 per share from $ 22.80.

Company issued 2.00 million shares or 0.17 % in Jun 30 2024.


More on NEM's Balance Sheets

 Market Capitalization (Millions) 62,035
 Shares Outstanding (Millions) 1,155
 Total Debt (Millions $) 8,692
 Revenue (TTM) (Millions $) 14,875
 Net Income (TTM) (Millions $) -1,949
 Cash Flow (TTM) (Millions $) -50
 Capital Exp. (TTM) (Millions $) -3,700
 Dividend TTM ($) 2.25 $
 Dividend Yield TTM (%) 1.86 %
 Employees (TTM) $ 32,400
   


  News about Newmont Corporation Earnings

Newmont Corporation Soars: A Jaw-Dropping 289% Profit Surge in Q2 2024!

Newmont Corporation: Resilience and Success in the Face of Market Fluctuations
Newmont Corporation, one of the largest gold producers in the world, has been making waves in the market with its impressive resilience and consistent performance. Despite economic uncertainties and challenges faced by the industry, Newmont's share price has outperformed both its competitors and the broader market. Let's take a closer look at the factors behind Newmont's recent success and explore the noteworthy events that have impacted its performance.
One of the notable events that influenced Newmont Corporation's performance was the publication of an article on July 8, 2024, titled Newmont (NEM) Gains 12% in 3 Months: ...

Newmont Corporation Defies Trend With Significant Revenue Growth in First Quarter of 2024, Despite Dip in Net Profit per Share

Newmont Corporation, a leading mining company, has reported strong financial results for the quarter ending March 31, 2024. Despite a decline in net profit per share compared to the same period a year ago, the company saw a significant increase in revenue of 50.168%. This growth in revenue sets Newmont apart from its peers in the Metal Mining sector, as many of them experienced a decline in revenue during the same period.
The company's net profit per share declined to $0.15, compared to $0.44 earned in the previous year. However, it is worth noting that in the fourth quarter of 2023, Newmont's revenue increased by 1.668% from $3.96 billion. Additionally, net profit per share turned positive, moving from ...

Gold Rush: Newmont Corporation Surges in Revenue Amidst Leadership Transition

Newmont Corporation, the world's leading gold mining company, has recently undergone a successful Chief Operating Officer (COO) transition. After a five-month handover period, Rob Atkinson, the outgoing COO, will pass on his responsibilities to the new COO, Natascha Viljoen. This transition reflects Newmont's commitment to developing a strong and dynamic leadership team to navigate the evolving global mining industry.
Rob Atkinson has played an instrumental role within Newmont Corporation, contributing invaluable industry expertise and knowledge. As a key member of the Executive Leadership Team, Atkinson has been crucial in driving the company's success and strategic plans. However, with the COO transiti...

Newmont Corporation Faces Dwindling Profits and Uncertain Future in Metal Mining Industry During Q3 2023



Newmon...

Newmont Corporation Battles Challenging Headwinds in Fiscal Q2 2023 with Dwindling Profits and Revenue

Newmont Corporation, a leading mining company, recently reported its fiscal results for the period ending June 30, 2023. The company's income per share took a significant hit, dropping by 61.22% to $0.19 per share compared to $0.49 per share the previous year. Additionally, profit plummeted by 56.82% from $0.44 per share in the prior quarter. These declines in earnings raise concerns about the company's financial performance.
The decline in revenue was also notable, receding by 12.26% to $2.68 billion from $3.06 billion in the corresponding quarter of the previous year. However, sequentially, revenue saw a modest increase of 0.149% from $2.68 billion. This decline in revenue can be attributed to various ...


Date modified: 2024-09-08T10:54:14+00:00





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