Newmont Corp Chess Depository Interest
NEM: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| lMz | LOCK|GQm | LOCK|^NF!NFp |
Newmont Earnings: Stronger Gold Price Drives an Improvement
The higher gold price more than offset lower sales volumes and increased unit costs in Newmont's second-quarter result. Adjusted net profit after tax rose around 40% on a year ago to USD 2.2 billion or USD 2.10 per share, though it fell about 30% on first-quarter 2026 as the gold price weakened.
