Newmont Co. (TSE:NGT - Free Report) - Raymond James raised their Q2 2025 earnings per share (EPS) estimates for shares of Newmont in a research note issued on Monday, December 9th. Raymond James analyst B. Macarthur now anticipates that the company will post earnings of $1.07 per share for the quarter, up from their previous estimate of $1.06. The consensus estimate for Newmont's current full-year earnings is $5.51 per share. Raymond James also issued estimates for Newmont's Q3 2025 earnings at $1.12 EPS.
Newmont (TSE:NGT - Get Free Report) last posted its quarterly earnings results on Wednesday, October 23rd. The company reported C$1.11 earnings per share for the quarter, topping analysts' consensus estimates of C$1.07 by C$0.04. Newmont had a negative net margin of 13.29% and a negative return on equity of 8.09%. The business had revenue of C$6.28 billion during the quarter, compared to the consensus estimate of C$5.79 billion.
A number of other research firms also recently commented on NGT. Scotiabank downgraded Newmont from a "strong-buy" rating to a "hold" rating in a report on Friday, October 25th. UBS Group cut Newmont from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, October 30th. Cibc World Mkts downgraded shares of Newmont from a "strong-buy" rating to a "hold" rating in a research report on Monday, October 28th. Argus upgraded shares of Newmont from a "hold" rating to a "strong-buy" rating in a report on Thursday, August 29th. Finally, CLSA upgraded shares of Newmont to a "hold" rating in a report on Friday, November 29th. Five research analysts have rated the stock with a hold rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of C$68.00.
View Our Latest Stock Analysis on NGT
Newmont Trading Down 1.3 %
Shares of NGT stock traded down C$0.75 during trading hours on Thursday, reaching C$59.25. The company had a trading volume of 127,024 shares, compared to its average volume of 210,307. Newmont has a 1-year low of C$39.96 and a 1-year high of C$81.16. The company has a debt-to-equity ratio of 31.20, a current ratio of 2.11 and a quick ratio of 1.77. The firm has a market cap of C$68.14 billion, a price-to-earnings ratio of -15.83, a P/E/G ratio of 1.43 and a beta of 0.51. The company has a 50 day moving average of C$65.56 and a 200 day moving average of C$65.11.
Newmont Cuts Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 23rd. Stockholders of record on Wednesday, November 27th will be issued a dividend of $0.338 per share. This represents a $1.35 annualized dividend and a dividend yield of 2.28%. The ex-dividend date of this dividend is Wednesday, November 27th. Newmont's dividend payout ratio (DPR) is presently -35.62%.
About Newmont
(
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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.
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