Abnormal movement in US stocks | Q2 earnings and revenue both exceed expectations, Newmont Mining (NEM.US) rises more than 6.7%

According to the Securities Times APP, on Friday, the stock price of Newmont Mining Corporation (NEM.US) rose, with the stock up more than 6.7% to $65.63 per share as of the time of publication. The company's performance showed that its continuing operations earnings for the second quarter were $1.85 per share, compared to 73 cents in the same period last year. Excluding one-time items, the adjusted earnings per share for the second quarter were $1.43, higher than the 72 cents in the same period last year. This earnings exceeded analysts' forecast of $1.04 per share. The company's second quarter revenue was $5.317 billion, a 20.8% increase from $4.402 billion in the same period last year. The expected revenue was $4.583 billion. The revenue growth was mainly attributed to the year-on-year increase in the actual price of gold.