Newmont Stock Slips on Soft Gold Prices, Record Cash Flow
Newmont Corp's stock price slipped by about 2.6% on September 1, 2026, to around USD 122.83, as softer gold prices and an upcoming dividend date intersected with record second-quarter cash generation and steady guidance for the full year 2026.
The company generated a quarterly record of USD 2.20 billion in free cash flow in Q2 2026, reflecting strong operating performance and disciplined capital spending. Newmont also produced 1.3 million attributable gold ounces and 7 million ounces of silver in Q2 2026, aligning volumes with its full-year 2026 production guidance.
The miner reaffirmed full-year 2026 production guidance at 5.3 million attributable gold ounces, with about 51% of that expected to be produced in the second half of the year. Adjusted EBITDA was USD 3.80 billion and adjusted net income was USD 2.10 per share for Q2 2026.