10-QPeriod: Q1 FY2016

NEWMONT Corp /DE/ Quarterly Report for Q1 Ended Mar 31, 2016

Filed April 20, 2016For Securities:NEMNEMCL

Summary

Newmont Corporation's (NEM) Q1 2016 10-Q filing indicates a focus on operational performance and financial stability during the period ending March 30, 2016. While the filing details various financial statements and management's discussion, investors should note the emphasis on results of consolidated operations and liquidity and capital resources. The report covers critical areas for the mining industry, including financial condition, operational efficiency, and market risks, providing a snapshot of the company's performance as it navigates the commodity markets. Key investor considerations revolve around the company's ability to generate cash flow from its extensive mining operations, manage its debt obligations, and respond to inherent market volatilities. The "Selected Financial and Operating Results" section, along with "Consolidated Financial Results," will offer crucial insights into revenue generation, cost management, and profitability. Investors should pay close attention to any commentary on production levels, commodity prices (particularly gold), and capital expenditure plans for future growth and sustainability.

Financial Highlights

45 data points
Beta

Net Income

$52.00M

EPS (Diluted)

$0.10

Total Assets

$24.55B

Cash & Equivalents

$1.78B

Free Cash Flow

$526.00M

Financial Statements
Beta
Gross Profit$314.00M
R&D Expenses$27.00M
Operating Expenses$1.28B
Operating Income-$12.00M
Net Income$52.00M
EPS (Basic)$0.10
EPS (Diluted)$0.10
Shares Outstanding (Basic)530.00M
Shares Outstanding (Diluted)531.00M

Key Highlights

  • 1The filing provides a detailed look at Newmont's financial health for the quarter ending March 30, 2016, encompassing income, cash flow, and balance sheet information.
  • 2Management's Discussion and Analysis (MD&A) offers insights into the company's operational results, financial condition, and strategic outlook.
  • 3Key areas of focus include consolidated financial results and the liquidity and capital resources available to the company.
  • 4The report covers quantitative and qualitative disclosures about market risk, essential for understanding potential impacts on earnings and valuation.
  • 5Risk factors are outlined, giving investors insight into the potential challenges and uncertainties Newmont faces.
  • 6Information on legal proceedings and mine safety disclosures are included, providing transparency on regulatory and operational compliance.
  • 7The company is providing updates on accounting developments and non-GAAP financial measures for a more comprehensive financial picture.

Frequently Asked Questions

The 10-Q filing for the period ending March 30, 2016, contains detailed financial statements and management's discussion on results of consolidated operations. Investors should refer to the 'Selected Financial and Operating Results' and 'Consolidated Financial Results' sections within the MD&A for specific figures on revenue, costs, profitability, and production metrics.

The 'Liquidity and Capital Resources' section of the MD&A provides information on the company's cash flow generation, debt levels, credit facilities, and capital expenditure plans. Investors should examine this section to understand Newmont's financial flexibility and its ability to fund operations and growth initiatives.

Item 1A, 'Risk Factors,' outlines the significant risks that could impact Newmont's business, financial condition, and results of operations. These typically include risks related to commodity prices, operational challenges, environmental regulations, political and economic conditions in the regions where they operate, and access to capital.

Item 1, 'Legal Proceedings,' and the discussion of 'Environmental' matters within the MD&A address any material ongoing legal disputes or significant environmental liabilities and initiatives. Investors should review these sections for potential financial or operational impacts.