NEM News: Newmont Stock Is On Track for Worst Day Since 2008. Here’s Why. - 25th Oct 2024, 3:48am

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Shares of Newmont were tumbling after the gold miner turned in disappointing quarterly results. Late Wednesday, Newmont reported third-quarter adjusted earnings of 81 cents per share, missing Wall Street’s call for 86 cents, according to FactSet. Revenue of $4.61 billion was below the consensus estimate of $4.67 billion.

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