Newmont Co. (TSE:NGT – Free Report) – Equities researchers at Zacks Research raised their FY2025 earnings per share estimates for shares of Newmont in a research report issued on Tuesday, May 6th. Zacks Research analyst A. Barman now forecasts that the company will post earnings of $4.83 per share for the year, up from their prior estimate of $4.11. The consensus estimate for Newmont’s current full-year earnings is $5.51 per share. Zacks Research also issued estimates for Newmont’s Q1 2026 earnings at $1.14 EPS, Q2 2026 earnings at $1.09 EPS, Q3 2026 earnings at $1.32 EPS, Q4 2026 earnings at $1.30 EPS, FY2026 earnings at $4.86 EPS and Q1 2027 earnings at $1.39 EPS.
A number of other equities research analysts have also issued reports on NGT. Cfra Research upgraded Newmont to a “strong-buy” rating in a research note on Friday, April 25th. UBS Group raised shares of Newmont from a “hold” rating to a “strong-buy” rating in a report on Friday, April 11th. National Bankshares upped their target price on shares of Newmont from C$75.00 to C$80.00 and gave the stock a “sector perform” rating in a research report on Wednesday, March 19th. The Goldman Sachs Group upgraded shares of Newmont to a “strong-buy” rating in a report on Monday, January 13th. Finally, BMO Capital Markets upgraded Newmont to a “strong-buy” rating in a research report on Tuesday, April 15th. Five research analysts have rated the stock with a hold rating, one has assigned a buy rating and six have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of C$62.50.
Newmont Stock Performance
Shares of TSE NGT opened at C$75.18 on Friday. The company has a debt-to-equity ratio of 30.62, a current ratio of 1.96 and a quick ratio of 1.77. Newmont has a 1 year low of C$53.03 and a 1 year high of C$81.16. The firm has a fifty day moving average price of C$70.01 and a 200-day moving average price of C$63.92. The stock has a market cap of C$59.80 billion, a PE ratio of -49.67, a price-to-earnings-growth ratio of 1.43 and a beta of 0.51.
About Newmont
Newmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, Papua New Guinea, Ecuador, Fiji, and Ghana.
Recommended Stories
- Five stocks we like better than Newmont
- 3 Grocery Stocks That Can Help Take a Bite Out of Inflation
- GlobalFoundries Stock Hits Bottom: Is a Rebound Coming?
- The Most Important Warren Buffett Stock for Investors: His Own
- Here’s The Reason Goldman Sachs Is Bullish On MercadoLibre Stock
- How to trade penny stocks: A step-by-step guide
- Analyst-Favorite Bitcoin Miner CleanSpark: Worth the Hype?
Receive News & Ratings for Newmont Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Newmont and related companies with MarketBeat.com's FREE daily email newsletter.