Newmont stock jumps as output rises and costs fall

July 25, 2017

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US gold major Newmont Mining announced that operations across its portfolio outperformed for the three months ended June, pushing its NYSE-listed stock up by 8% on Tuesday.
The Denver, Colorado-based miner has comfortably beaten analyst earnings forecasts of $$0.26 a share, posting an adjusted net profit of $0.46 a share – a 59% improvement from the $0.29 a share reported in the comparable period of 2016.

Category: General