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NEM

Newmont·NYSE
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Why is NEM rising?
Strong Earnings Performance
Newmont Goldcorp Corp (NEM) reported robust earnings for the third quarter of 2025, with an EPS of $1.71, surpassing forecasts by 18.75%. Additionally, revenue exceeded expectations with $5.52 billion, marking a 6.36% increase. This positive financial performance underscores the company's operational efficiency and profitability, contributing to investor confidence and stock price appreciation.
Increased Capital Spending and Strategic Investments
The company announced plans for increased capital spending and emphasized asset investment and share buybacks. This strategic direction suggests a commitment to long-term growth and shareholder value, which can positively influence investor sentiment and drive stock price upward.
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The above data and information are generated by AI and are for reference only. They do not constitute any investment advice.