Newmont Co. (TSE:NGT - Free Report) - Analysts at Raymond James raised their FY2025 EPS estimates for Newmont in a research note issued on Friday, April 25th. Raymond James analyst B. Macarthur now expects that the company will post earnings per share of $6.30 for the year, up from their prior estimate of $6.06. The consensus estimate for Newmont's current full-year earnings is $5.51 per share. Raymond James also issued estimates for Newmont's FY2026 earnings at $6.10 EPS.
A number of other analysts have also commented on NGT. UBS Group upgraded shares of Newmont from a "hold" rating to a "strong-buy" rating in a research note on Friday, April 11th. BMO Capital Markets raised shares of Newmont to a "strong-buy" rating in a research report on Tuesday, April 15th. 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 report on Wednesday, March 19th. The Goldman Sachs Group upgraded Newmont to a "strong-buy" rating in a research note on Monday, January 13th. Finally, National Bank Financial raised Newmont to a "hold" rating in a research note on Friday, March 21st. Five research analysts have rated the stock with a hold rating, one has assigned a buy rating and five have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average target price of C$62.50.
Get Our Latest Analysis on NGT
Newmont Trading Down 3.2 %
Shares of Newmont stock opened at C$74.73 on Monday. Newmont has a 52 week low of C$53.03 and a 52 week high of C$81.16. The stock has a 50 day moving average price of C$67.97 and a two-hundred day moving average price of C$64.03. The company has a debt-to-equity ratio of 30.62, a quick ratio of 1.77 and a current ratio of 1.96. The stock has a market capitalization of C$59.44 billion, a PE ratio of -49.37, a price-to-earnings-growth ratio of 1.43 and a beta of 0.51.
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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