Newmont completes Northumberland sale: October 22 tests Newmont stock

Published on 10/15/2026 at 09:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Newmont stock stood at EUR 100.74 on October 15, 2026 before its next results. Q2 revenue was USD 6.12 billion against USD 6.35 billion expected.

Events and valuation signals

Newmont completed a USD 70 million Northumberland transaction on October 6, 2026.
Second-quarter revenue reached USD 6.12 billion versus USD 6.35 billion expected.
Newmont stock stood at EUR 100.74 at 9:52 a.m. CEST on October 15, 2026 at Tradegate.
BMO Capital Markets raised its target from USD 135.00 to USD 145.00 on September 29, 2026.

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Newmont Corporation (ISIN US6516391066) completed the sale of the Northumberland Gold Project for USD 70 million on October 6, 2026, according to Finanznachrichten. The transaction transferred the Nevada project to StrikePoint Gold and included two possible contingent payments of USD 25 million each.

Newmont will release third-quarter 2026 results after North American markets close on October 22, 2026, with a conference call at 5:30 p.m. EDT, according to Newmont.

What does the sale mean?

The Northumberland deal sharpens Newmont's portfolio around its core producing assets. StrikePoint said the project contains an indicated resource of 2.86 million gold-equivalent ounces and an inferred resource of 1.57 million ounces, while Newmont receives USD 70 million upfront and retains exposure to two contingent USD 25 million payments.

Quarterly figures set the test

Newmont's second-quarter 2026 revenue was USD 6.12 billion, below the USD 6.35 billion analyst estimate, while earnings per share reached USD 2.10 against USD 2.05 expected, according to MarketBeat. The contrast gives the October 22 release a clear test: can stronger earnings per share offset the revenue shortfall?

In chronological order, Newmont scheduled its third-quarter release on September 24, 2026 for October 22; BMO Capital Markets raised its target from USD 135.00 to USD 145.00 on September 29, 2026; and the Northumberland transaction closed for USD 70 million on October 6, 2026. The BMO action was reported by MarketBeat.

Dates for the next catalyst

The next two scheduled dates are October 22, 2026, for the third-quarter results release, and October 22, 2026, at 5:30 p.m. EDT for the earnings call.

Stock valuation and timing

Newmont's market capitalization was USD 117.4 billion on October 15, 2026, while its 52-week range was USD 76.05 to USD 135.29. The company is listed on the NYSE under NEM and is a gold producer in the Basic Materials sector.

At Tradegate, the stock stood at EUR 100.74 on October 15, 2026 at 9:52 a.m. CEST.