MarketBeat
23 Oct 2026, 01:05 UTC · 2h ago
Newmont Q3 Earnings Call Highlights
Impact · against what's priced in
Newmont's improved full-year AISC outlook and projected 2027 production growth challenge the market's current skepticism regarding margin expansion and profit growth. While the Red Chris capex and Nevada Gold Mines payment create cash flow headwinds, the operational efficiency gains provide a catalyst for a re-rating toward analyst bull cases.
- NEM+0.50
Challenges what's priced in
- The price assumes
A margin expansion scenario where gold prices stay high while oil costs fall
The price currently refuses to pay for margin expansion, yet Newmont lowered its full-year AISC outlook by 10% to $1,520/oz, demonstrating internal cost discipline independent of oil price fluctuations.
What NEM's price assumes · Sep 11
