Newmont Co. reports soaring revenue and mixed analyst ratings amid increased institutional investment.

Newmont Co. saw increased institutional investment in the third quarter, with Carmel Capital Partners and Cowa LLC among buyers. The company reported a positive return on equity but a negative net margin, with revenue up 84.7% year-over-year. Analysts have given mixed ratings, with upgrades and downgrades noted. Newmont also announced a quarterly dividend of $0.25 per share, payable on December 23rd.

November 09, 2024
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