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Newmont Corporation (NEM) has experienced a significant surge in share price, gaining nearly 130% in 2025, supported by strong quarterly results. Recently, the company reached a new all-time high, reflecting the positive market momentum.
Gold Prices Surge
Newmont has benefitted from rising gold prices, with the average price per ounce reaching $3,320, up from $2,347 in the same period last year. The company reported a record free cash flow of $1.7 billion. In response to its strong financial performance, Newmont announced a $3 billion share repurchase program.
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