From StockTwits: 2025-02-21 00:52:14

Newmont produced 6.85 million ounces of gold in 2024, generating $6.3 billion in operating cash flow and $2.9 billion in free cash flow. Shares of Newmont Corp. (NEM) rose nearly 2% in after-hours trading after Q4 earnings beat estimates. Q4 EPS was $1.40, revenue was $5.65 billion. Full-year 2024 EPS was $3.48, revenue was $18.68 billion. Newmont forecasts 5.6 million ounces of gold production in 2025 and aims for 6 million ounces annually for the next decade. Retail sentiment on Stocktwits is ‘extremely bullish’. Some users predict Newmont stock could hit $50, while others warn of a potential pullback. Despite recent declines, Newmont stock has seen a 45% gain in one year.



Read more at StockTwits: Newmont Stock Rises After-Hours As Q4 Earnings Smash Estimates, Management Stays Bullish On Gold Prices: Retail Sentiment Soars