Newmont Q4 beat but 2026 guidance reset raises majors' margin risk; Barrick Fourmile royalty hit; NEM vs KGC comps
Key Questions
What were Newmont's Q4 results and 2026 guidance?
Newmont beat Q4 with $2.38 EPS vs $1.25 expected, but reset 2026 guidance to 5.3Moz at $1680 AISC for Boddington/Ahafo. This raises margin risks for majors.
How does Newmont compare to Kinross Gold (KGC)?
NEM and KGC receive Strong Buy recommendations amid rebounds. KGC is seen as high-quality and undervalued per value screens.
What legal issues face Barrick Gold?
Barrick faces NV JV legal spats and complications in its major spin-off plan. This adds risk alongside production challenges.
Why is NEM and Barrick high volume post-selloff?
NEM and Barrick topped volume on April 7 post-selloff, reflecting volatility. NEM sank 1.07% to $112.83 amid market gains.
What are analyst views on NEM, KGC, and Barrick?
Strong Buy recos for NEM, KGC, and Barrick amid rebounds; Barrick has $68 PT with FCF +136% 1Y. They are top mining stocks to watch.
How has IAG performed on earnings beats?
IAG has a beat streak, Zacks #3 rank, well-positioned for next earnings. It continues to exceed estimates.
What about Agnico Eagle Mines (AEM) and Harmony Gold (HMY)?
AEM trades at 23.46x P/E with 79.0% dividend yield, dipped to $207; HMY offers yield. Both are growth picks post-skillings slam.
Was there insider selling at Gold Fields (GFI)?
Gold Fields officer sold 8,000 shares for R7.2M, retaining 9,206 shares. This occurred amid SEC filings.
NEM pivotal Q1 Apr23 $2.38EPS vs $1.25Y/$7.3B'25 FCF/2026 5.3Moz $1680AISC Boddington/Ahafo vs Barrick NV JV legal spat risk; NEM/Barrick top vol 4/7 post-selloff; Strong Buy recos NEM/KGC/Barrick amid rebound; IAG beat streak Zacks#3/AEM $207 dip/HMY yld/Barrick $68PT FCF +136%1Y; GFI insider sell.