NYSE:NEMMetals and Mining
Newmont’s Record Cash Flow Reshapes Balance Sheet And Valuation Outlook
Newmont (NYSE:NEM) is reporting record free cash flow as gold prices reach historic highs.
The company is using this cash to reduce debt and repurchase shares, supported by its large, diverse portfolio.
Management is focusing on operational discipline while the gold sector faces cost and production challenges.
Newmont is one of the largest gold producers globally, with a broad mix of assets that gives it multiple sources of cash generation. With gold prices sitting at historic highs, that...