🟢 NEM is trading 4.6% up today, continuing momentum from strong Q1 earnings

NEM is trading at $114.01, up 4.6%, as the stock continues to see positive momentum following its recent strong first-quarter earnings report.

• The company announced a significant Q1 earnings beat, with an EPS of $2.90 surpassing the forecast of $2.18, and generated a record free cash flow of $3.1 billion. [13]
• Several investment firms, including Canaccord Genuity and BMO Capital, reiterated positive ratings and increased price targets for Newmont following the strong quarterly results. [13]
• The stock's performance reflects investor confidence in its operational execution and cash flow outlook, which are more direct catalysts than broad macroeconomic data. [13, 15]