Newmont Stock Up 26% YTD: Should You Buy, Sell or Hold the Stock? - TradingView

AI desk brief

Newmont expects 2026 gold production of 5.26 million ounces versus 5.89 million in 2025, after third-quarter output fell roughly 9% year over year to 1.3 million ounces. Realized gold prices rose approximately 22% to $4,317/oz, supporting $1.9 billion in quarterly free cash flow, but fourth-quarter by-product AISC is expected to reach about $1,900/oz despite reduced annual guidance of $1,520/oz. Tanami expansion commercial production is expected by end-Q2 2027. The source balances growth projects and higher realized prices against lower grades and elevated costs; these primarily affect Newmont’s profitability, with no material near-term bullion-price effect established.