Newmont Co. (TSE:NGT - Free Report) - Investment analysts at Raymond James reduced their Q2 2025 earnings per share (EPS) estimates for shares of Newmont in a report released on Tuesday, November 19th. Raymond James analyst B. Macarthur now forecasts that the company will earn $1.15 per share for the quarter, down from their previous forecast of $1.20. 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 $1.15 EPS and FY2025 earnings at $4.71 EPS.
Other equities research analysts have also recently issued research reports about the company. Argus upgraded Newmont from a "hold" rating to a "strong-buy" rating in a report on Thursday, August 29th. Scotiabank cut Newmont from a "strong-buy" rating to a "hold" rating in a report on Friday, October 25th. Cibc World Mkts cut Newmont from a "strong-buy" rating to a "hold" rating in a report on Monday, October 28th. Finally, UBS Group cut Newmont from a "strong-buy" rating to a "hold" rating in a report on Wednesday, October 30th. Four analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of C$68.00.
Get Our Latest Analysis on NGT
Newmont Stock Performance
TSE NGT traded up C$0.15 on Friday, hitting C$60.60. 143,395 shares of the company's stock were exchanged, compared to its average volume of 209,451. 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's 50-day moving average price is C$69.57 and its two-hundred day moving average price is C$64.99. Newmont has a fifty-two week low of C$39.96 and a fifty-two week high of C$81.16. The firm has a market cap of C$69.69 billion, a price-to-earnings ratio of -15.95, a P/E/G ratio of 1.43 and a beta of 0.51.
Newmont (TSE:NGT - Get Free Report) last released its earnings results on Wednesday, October 23rd. The company reported C$1.11 earnings per share (EPS) for the quarter, topping the consensus estimate of C$1.07 by C$0.04. Newmont had a negative return on equity of 8.09% and a negative net margin of 13.29%. The company had revenue of C$6.28 billion for the quarter, compared to analysts' expectations of C$5.79 billion.
Newmont Cuts Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, December 23rd. Shareholders of record on Wednesday, November 27th will be paid a dividend of $0.338 per share. This represents a $1.35 dividend on an annualized basis and a dividend yield of 2.23%. The ex-dividend date of this dividend is Wednesday, November 27th. Newmont's dividend payout ratio 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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