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Newmont Rakes In $3.4B In 2024 Net Income Following Divesting Assets

Summary by The Deep Dive

Newmont (TSX: NGT) released its Q4 and 2024 results, touting record quarterly free cash flow of US$1.6 billion. The year also saw a net income that swung to $3.4 billion in 2024 from a $2.5 billion net loss in 2023. On an adjusted basis, net income reached $3.99 billion in 2024 compared to $1.32 billion in 2023. Adjusted net income per diluted share almost tripled to $3.48 from $1.57 in 2023. In Q4, adjusted net income climbed to $1.59 billion f…

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Newmont Rakes In $3.4B In 2024 Net Income Following Divesting Assets

Newmont (TSX: NGT) released its Q4 and 2024 results, touting record quarterly free cash flow of US$1.6 billion. The year also saw a net income that swung to $3.4 billion in 2024 from a $2.5 billion net loss in 2023. On an adjusted basis, net income reached $3.99 billion in 2024 compared to $1.32 billion in 2023. Adjusted net income per diluted share almost tripled to $3.48 from $1.57 in 2023. In Q4, adjusted net income climbed to $1.59 billion f…

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the deep dive broke the news in 2 days ago on Friday, February 21, 2025.

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