Newmont Gold Corp (NYSE: NEM) is projecting a decline in gold production to 5.3 million ounces for 2026, down from 5.7 million the previous year, amid strategic divestments that have already led to a 24% drop in quarterly output. Despite this, the company expects to achieve net earnings of approximately $14.9 billion, buoyed by higher gold prices, but is grappling with rising production costs forecasted to reach $1,680 per ounce. Analysts have raised earnings estimates, seeing potential growth in Newmont as it continues to focus on Tier 1 mines and drive shareholder returns.
“@SunDudez We depend on NEM. Which will be super excess”
“Models shows this could be even bigger than the super El Niño events of 1982, 1997 and 2015.”
“Gold miner Newmont(NYSE: NEM) is a shining example of an oversold stock. Its share price is up about 2.3% over the past month after climbing more than 19% so far this year.”
“Newmont, the world's largest gold producer, has said it expects to produce 5.3 million ounces of gold in 2026, including more than 3.9 million ounces from its managed operations. While that's down from the 5.7 million ounces it produced in 2025.”
“the company will earn roughly $14.9 billion in net income in 2026, more than double the $7.09 billion it reported in 2025.”
“Newmont has become a leaner, more profitable company after divesting itself of smaller, less-profitable projects to focus on Tier 1 mines.”
“Gold miners look Newmont may pop as well.”
“The mining company has strengthened its balance sheet by paying down debt. While gold's price has retreated from its all-time high, it remains elevated compared to last year.”
“Newmont stock is priced to buy right now. It's important to note that gold's price is still more than twice its average over the past five years.”
“Newmont, the world's largest gold producer, has said it expects to produce 5.3 million ounces of gold in 2026.”
“the company will earn roughly $14.9 billion in net income in 2026, more than double the $7.09 billion it reported in 2025.”
“Another reason to remain optimistic is the company's aggressive shareholder return strategy, which returned $3.4 billion of that free cash flow through share repurchases and dividends in 2025.”