RE: Gold revaluation - Tavi Costa - just out24 Apr 2025 22:19
Newmont Q1 2025 Key Takeaways:
Newmont Goldcorp’s Q1 2025 EPS of $1.25 exceeded forecasts by 42%.
Revenue reached $5.01 billion, beating expectations by nearly $440 million.
The company generated a record free cash flow of $1.2 billion.
Newmont completed a major divestment program, adding $2.5 billion in net cash.
Gold production was robust at 1.5 million ounces.
Company Performance
Newmont Goldcorp showcased a strong performance in Q1 2025, marked by record free cash flow and significant cash from operations. The company produced 1.5 million ounces of gold and 35,000 tonnes of copper, demonstrating its operational efficiency and strategic focus on core assets. InvestingPro data reveals the company operates with moderate debt levels and maintains sufficient cash flows to cover interest payments, while having maintained dividend payments for an impressive 55 consecutive years. The completion of its divestment program further strengthened its balance sheet, positioning the company well against industry peers.
Financial Highlights
Revenue: $5.01 billion, up from the forecasted $4.57 billion.
Earnings per share: $1.25, compared to the expected $0.88.
Adjusted EBITDA: $2.6 billion.
Cash flow from operations: $2 billion.
Cash reserves: $4.7 billion at quarter’s end.