Newmont Q1 Earnings: Gold Boom Masks Production Problems

Gold may have taken a bit of a beating in the spot markets on Wednesday following some much-needed stability returning to the capital markets, but it doesn’t seem to have phased the world’s largest gold miner.

Posting record free cash flow in your first quarter financial results however does help things a bit. And so does providing a billion dollars worth of total returns to shareholders in the form of stock buybacks and dividends.

So how did Newmont (TSX: NGT) do?

Lets dive in.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

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