Newmont Co. (TSE:NGT - Free Report) - Stock analysts at Scotiabank reduced their FY2025 earnings per share estimates for Newmont in a research report issued on Wednesday, March 19th. Scotiabank analyst T. Jakusconek now anticipates that the company will post earnings per share of $4.09 for the year, down from their previous estimate of $4.85. The consensus estimate for Newmont's current full-year earnings is $5.51 per share. Scotiabank also issued estimates for Newmont's FY2026 earnings at $3.69 EPS.
Several other analysts also recently issued reports on the stock. Citigroup decreased their price objective on shares of Newmont from C$66.00 to C$45.00 and set a "buy" rating for the company in a research note on Monday, December 23rd. National Bank Financial upgraded Newmont to a "hold" rating in a report on Friday, March 21st. National Bankshares increased their target price on Newmont from C$75.00 to C$80.00 and gave the stock a "sector perform" rating in a research note on Wednesday, March 19th. The Goldman Sachs Group raised shares of Newmont to a "strong-buy" rating in a research note on Monday, January 13th. Finally, CLSA raised Newmont to a "hold" rating in a research note on Friday, November 29th. Six investment analysts have rated the stock with a hold rating, one has issued a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of C$62.50.
Check Out Our Latest Analysis on Newmont
Newmont Trading Up 2.3 %
Shares of NGT traded up C$1.55 during midday trading on Monday, hitting C$69.23. The stock had a trading volume of 167,935 shares, compared to its average volume of 205,542. Newmont has a 1 year low of C$47.95 and a 1 year high of C$81.16. 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's 50 day moving average is C$63.86 and its 200 day moving average is C$64.11. The firm has a market cap of C$55.07 billion, a PE ratio of -45.74, a price-to-earnings-growth ratio of 1.43 and a beta of 0.51.
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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