— Produced 1.64 million ounces of gold, up 28% YoY
— For full year 2019, Newmont expects production of 6.3 million ounces, CAS at $715 per ounce and AISC at $965 per ounce.
— NEM shares fell 0.75 % immediately following the announcement.
Market News
Newmont Mining Corporation (NEM): Q3 2019 Earnings Snapshot
— Newmont Mining Corporation (NYSE: NEM) reported third-quarter 2019 earnings of $0.36 per share, vs. $0.39 per share expected. — Revenue grew 57% to $2.71 billion, vs. $2.85 billion expected. The topline was driven by higher realized gold prices and higher sales volumes, including a full quarter from the Goldcorp assets. — Produced 1.64 million […]
NYSE
$NEM · Earnings
“— Newmont Mining Corporation (NYSE: NEM) reported third-quarter 2019 earnings of $0.36 per share, vs. $0.39 per share expected. — Revenue grew 57% to $2.71 billion, vs. $2.85 billion expected. The topline was driven by higher realized gold prices and higher sales volumes, including a full quarter from the Goldcorp assets. — Produced 1.64 million […]
· November 5, 2019
— Newmont Mining Corporation (NYSE: NEM) reported third-quarter 2019 earnings of $0.36 per share, vs. $0.39 per share expected.
— Revenue grew 57% to $2.71 billion, vs. $2.85 billion expected. The topline was driven by higher realized gold prices and higher sales volumes, including a full quarter from the Goldcorp assets.