Newmont in 2025 and gold investment

Stock growth: +47% YTD (well above the growth of gold itself and GLD-type ETFs)

Results:

1Q 2025 revenue: $5.01 billion (vs. expectations of $4.7 billion)

Adjusted earnings per share (EPS): $1.25 (vs. expectations of $0.92)

Free cash flow: record

Return on equity:

Share repurchase program of up to $3 billion (effective through October 2026)

Already $754 million in repurchases in 2025. USD 7575 million (in the first 4 months)

Dividend: Expected yield around 1%, which is exceptional for gold-related investments.

Positive analyst comments:

UBS: "Good start" to the year, valuation of quick cash returns.

BMO Capital Markets: Slight drop in free cash flow in 2Q possible due to investments and taxes, but long-term outlook remains positive.

For investors, this means:

Newmont $NEM is not just a "gold bet" but also benefits from efficient asset management, aggressive share buybacks and dividend payments.

Shares of $NEM may be a more attractive option than physical gold or gold ETFs alone, especially for those seeking a combination of growth and yield.

The year 2025 has a chance to be the best year in 10 yearsfor $NEMstock if gold prices remain high and the company maintains its pace of capital management.