07:48 AM EDT, 04/25/2024 (MT Newswires) -- Newmont ( NEM ) reported Q1 adjusted net income Thursday of $0.55 per share, up from $0.40 a year earlier.

Analysts polled by Capital IQ expected $0.37.

Sales for the quarter ended March 31 were $4.02 billion, up from $2.68 billion a year earlier.

Analysts surveyed by Capital IQ expected $3.68 billion.

The mining company said its board maintained its quarterly dividend at $0.25 per share, payable June 27 to shareholders of record as of June 4.

Shares of the company were up 3.9% in recent Thursday premarket activity.

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