Tag: Newmont Gold
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Is Newmont Gold a Buy After Its Post-Earnings Drop?
Newmont Gold (NYSE: NEM) reported earnings on October 23 after the market closed. The gold miner delivered a double beat. Revenue of $5.52 billion beat estimates of $5.27 billion by about 4.2%. The beat was even stronger on the bottom line. Adjusted earnings per share of $1.71 were more than 18% higher than projections for $1.44. The concern came in…