Newmont Corporation reported record second-quarter free cash flow of $2.2 billion, up 29% year-over-year, driven by operational efficiency and higher gold prices. The company is using strong cash flows to fund growth projects, dividends, and share buybacks. Peers Barrick Mining and Agnico Eagle Mines also reported...
Agnico Eagle Mines (AEM) returned a record $625 million to shareholders in Q2 2026, supported by record free cash flow of $1.3 billion. The company plans to return 40% of annual free cash flow to shareholders this year through dividends and buybacks. Peers Barrick Mining and Newmont Corporation also demonstrated strong...
The iShares U.S. Basic Materials ETF (IYM) offers low-cost exposure to the Materials sector with a 0.38% expense ratio and $1.08 billion in assets. However, it carries a Zacks ETF Rank of 3 (Hold) due to concentrated holdings, high risk (18.38% standard deviation), and the Materials sector's current ranking in the...
B2Gold raised its 2026 production guidance for the Otjikoto mine in Namibia to 80,000-100,000 ounces from 70,000-90,000 ounces, following Q2 production of 23,438 ounces. The upside was driven by higher mill feed grades from underground sources. The company also approved development of the Antelope deposit, which could...
Several stocks moved significantly in market trading: Coinbase Global gained 5.8% following new SEC tokenization rules, CoreWeave fell 4.2% after announcing a $3 billion convertible debt offering, SanDisk jumped 6.2% on broad tech rally strength, and Newmont Corporation rose 2.2% as precious metals benefited from...
Newmont stock rose 2.8% as gold prices rebounded after the Federal Reserve raised interest rates to 3.75%-4% for the first time in three years. While higher rates typically make gold less attractive as an investment, gold prices recovered from yesterday's sell-off. Newmont stock trades at 15.7x trailing earnings with...
Apple shares surged 3.6% following the announcement of its $1,999 foldable iPhone Duo, representing a major design overhaul. Lennar Corporation fell 3.5% as mortgage rates exceeded 7%, pressuring housing stocks. AT&T rose 1.6% after CEO John Stankey questioned Apple's foldable technology. Newmont Corporation declined...
B2Gold Corp. reported a 55% year-over-year jump in all-in sustaining costs to $2,356 per ounce in the first half of 2026, driven by cost inflation across all sites. Despite lowering 2026 guidance slightly, the company expects new production from Fekola Regional and Goose mines to help offset elevated costs. Other major...
First Trust Growth Strength ETF (FTGS) is a passively managed large-cap growth ETF with $1.29 billion in assets, launched in October 2022. The fund has gained 7.92% year-to-date and 6.71% over the past year, with a 0.6% expense ratio and 51 holdings. It received a Zacks ETF Rank of 2 (Buy) and is positioned as a solid...
Kinross Gold (KGC) gained 12.7% in the past month driven by gold price recovery and solid earnings. While the company boasts a strong development pipeline expected to add 3 million ounces of production and maintains robust financial health with $4.4 billion in liquidity, it faces headwinds from elevated production...
Newmont Corporation (NEM) reported a 13% year-over-year decline in Q2 gold production to 1.29 million ounces, with 2026 guidance showing further production decline to 5.26 million ounces. The company expects significantly higher all-in-sustaining costs of $1,680 per ounce in 2026 compared to $1,358 in 2025, driven by...
The article examines the reliability of Wall Street analyst recommendations versus Zacks Rank for stock picking. Using Newmont Corporation as an example, it highlights that brokerage firms show strong positive bias in their ratings (5 Strong Buys for every Strong Sell), making them less reliable than Zacks Rank, which...
Newmont Corporation's stock surged 34.5% in August, driven by rising gold prices and a $1.95 billion agreement with Barrick Mining to resolve a Nevada Gold Mines joint venture dispute. The deal allows Newmont to add Barrick assets to the venture and generate operational synergies. Gold's appeal as a safe-haven asset...
AngloGold Ashanti (AU) delivered H1 2026 EBITDA of $4.3B, up 82% year-over-year, driven by higher gold prices and cost efficiencies despite a 4% decline in gold production. The company expects stronger H2 production and projects 2026 gold production of 2.80-3.17 million ounces. Gold revenues reached $6.3B, up 43.8%...
Barrick Mining's Q2 gold production rose 11% sequentially to 796,000 ounces, surpassing guidance. The company expects further production gains in Q3 and Q4 from key operations. However, 2026 guidance implies flat production compared to 2025, making second-half execution critical. Peer Newmont saw sequential production...
Kinross Gold (KGC) ended Q2 2026 with $4.4 billion in liquidity and $726.8 million in free cash flow, driven by higher gold prices and strong operational performance. The company's robust balance sheet supports growth projects in Nevada and Washington. However, KGC carries a Zacks Rank #4 (Sell) rating with a forward...
Agnico Eagle Mines (AEM) has significantly strengthened its financial position by reducing long-term debt by $950 million in 2025, ending Q2 with only $197 million in debt and a net cash position of $3.3 billion. The company generated record Q2 free cash flow of $1.3 billion, driven by higher gold prices and strong...
Gold has recovered strongly in August 2026, gaining 14% over the month and trading around $4,700 per ounce, though still below January's all-time high of $5,589. The podcast discusses three investment approaches: physical gold ETFs like GLD, gold miner ETFs like GDX, and individual gold mining stocks such as Newmont,...
Precious metals funds are experiencing renewed investor interest as market uncertainty drives investors toward defensive assets. Gold and precious metals funds received $4.21 billion in net inflows in the week ended August 26, 2026, the highest weekly inflow in six months, while global equity funds recorded significant...
Gold has staged a strong comeback in August 2026, rising 14% over the last month and trading around $4,700 per ounce. Investors can gain gold exposure through physical gold ETFs like GLD or by investing in gold mining company stocks and ETFs like GDX. Gold mining stocks have significantly outperformed the physical...
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