Report

Newmont Corporation - Q121 results preview

Newmont’s Q121 results are scheduled for release on 29 April. Recent highlights include the acquisition of GT Gold, the redemption of its senior 2021 notes and linking its revolving credit facility to third-party assessments of its scoring on a number of sustainability issues. At the same time, however, the gold price has continued to fall, from US$1,811/oz at the time of our last note to US$1,776/oz at the time of writing, while production continues to be expected to be weighted towards the second half of the year. This note adjusts our earnings forecasts for Q121 to reflect these effects, as well as introducing forecasts for Q2–Q421.
Underlying
Newmont Corporation

Newmont is primarily a gold producer with operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia and Ghana. The company is also engaged in the production of copper, silver, lead and zinc. The company's operations are organized in five geographic regions; North America, South America, Australia, Africa and Nevada.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

.

Analysts
Alison Turner

Other Reports on these Companies
Other Reports from Edison Investment Research

ResearchPool Subscriptions

Get the most out of your insights

Get in touch