Newmont Co. (TSE:NGT - Free Report) - Equities research analysts at Raymond James lifted their Q1 2025 earnings estimates for shares of Newmont in a research report issued to clients and investors on Tuesday, April 1st. Raymond James analyst B. Macarthur now anticipates that the company will post earnings per share of $1.16 for the quarter, up from their prior forecast of $0.75. The consensus estimate for Newmont's current full-year earnings is $5.51 per share. Raymond James also issued estimates for Newmont's Q1 2025 earnings at $1.16 EPS, Q2 2025 earnings at $0.80 EPS, Q2 2025 earnings at $0.80 EPS, Q3 2025 earnings at $0.84 EPS, Q3 2025 earnings at $0.84 EPS, Q4 2025 earnings at $0.99 EPS, Q4 2025 earnings at $0.99 EPS, FY2025 earnings at $3.79 EPS and FY2025 earnings at $3.79 EPS.
A number of other analysts also recently issued reports on NGT. The Goldman Sachs Group raised Newmont to a "strong-buy" rating in a research note on Monday, January 13th. National Bankshares increased their price objective on shares of Newmont from C$75.00 to C$80.00 and gave the company a "sector perform" rating in a research report on Wednesday, March 19th. Citigroup decreased their target price on shares of Newmont from C$66.00 to C$45.00 and set a "buy" rating on the stock in a research report on Monday, December 23rd. Finally, National Bank Financial upgraded Newmont to a "hold" rating in a research report on Friday, March 21st. Six analysts have rated the stock with a hold rating, one has assigned a buy rating and three have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of C$62.50.
Get Our Latest Stock Analysis on NGT
Newmont Price Performance
Shares of NGT stock traded up C$2.54 during trading hours on Friday, hitting C$66.62. The stock had a trading volume of 222,569 shares, compared to its average volume of 218,821. The company has a debt-to-equity ratio of 30.62, a current ratio of 1.96 and a quick ratio of 1.77. The stock has a market capitalization of C$52.99 billion, a price-to-earnings ratio of -44.02, a PEG ratio of 1.43 and a beta of 0.51. Newmont has a one year low of C$50.27 and a one year high of C$81.16. The stock's 50-day moving average price is C$65.23 and its two-hundred day moving average price is C$63.82.
Newmont Company Profile
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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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