Newmont Corporation, the world's largest gold mining company, achieved a remarkable net income of $3.3 billion in Q1 2026, alongside an adjusted EPS of $2.90, surpassing analyst expectations. In addition to generating $3.1 billion in free cash flow, the company has doubled its share repurchase program with a $6 billion authorization, bringing total returns to shareholders to $2.7 billion. With plans to allocate $1.1 billion for dividends in 2026 and a newly announced $0.26-per-share dividend, Newmont's strong financial performance has drawn positive attention from analysts, resulting in increased price targets for its stock, which has surged 103.2% over the past year.
“Newmont Corporation · produced · 1.3 million attributable gold ounces”
“Newmont Corporation · achieved · $3.1 billion in quarterly free cash flow”
“Newmont Corporation · is on track to achieve its · 2026 guidance of 5.3 million attributable gold ounces”
“Newmont Corporation · achieved net income of · $3.3 billion”
“Newmont Corporation · achieved adjusted net income of · $3.2 billion”
“Newmont Corporation · returned · $2.7 billion to shareholders through stock buybacks and dividends”
“Newmont Corporation · approved an additional · $6 billion for share repurchases”
“Newmont Corporation · approved a · $0.26-per-share dividend”
“Newmont Corporation · plans to spend · $1.1 billion on dividends in 2026”
“Newmont Corporation · is · the world’s largest gold mining company”
“Newmont · delivered · returns · 106.9%”
“Newmont · trades on a P/E · ratio · about 13.59x”