Commodities
Newmont Stock Price Surges Amid Gold Price Rally
Newmont Corporation (NEM) has seen its stock price rise by 3.2% as gold prices reach a near three-month high on August 21, driven in part by a softer U.S. dollar and bond-market moves.
The company's strong second-quarter results, which included record free cash flow of $2.2 billion and operating cash flow of $2.9 billion, have also contributed to the momentum.
Newmont remains on track to meet its full-year 2026 guidance of 5.3 million attributable gold ounces, with its aggressive capital returns program continuing to boost investor sentiment.