Free Trial
TSE:NGT

Newmont (NGT) Stock Price, News & Analysis

Newmont logo
C$56.03 -0.89 (-1.56%)
(As of 11:26 AM ET)

About Newmont Stock (TSE:NGT)

Key Stats

Today's Range
C$55.86
C$56.59
50-Day Range
C$57.08
C$81.14
52-Week Range
C$39.96
C$81.16
Volume
86,166 shs
Average Volume
209,651 shs
Market Capitalization
C$64.43 billion
P/E Ratio
N/A
Dividend Yield
2.41%
Price Target
C$68.00
Consensus Rating
Moderate Buy

Company Overview

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. The company was founded in 1916 and is headquartered in Denver, Colorado.

Newmont Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
25th Percentile Overall Score

NGT MarketRank™: 

Newmont scored higher than 25% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Newmont has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on no buy ratings, 5 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Newmont has only been the subject of 4 research reports in the past 90 days.

  • Read more about Newmont's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Newmont is -14.78, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Newmont is -14.78, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Growth Ratio

    Newmont has a PEG Ratio of 1.43. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Newmont has a P/B Ratio of 2.20. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Short Interest

    There is no current short interest data available for NGT.
  • Dividend Yield

    Newmont pays a meaningful dividend of 1.76%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Newmont does not have a long track record of dividend growth.

  • Read more about Newmont's dividend.
  • Short Interest

    There is no current short interest data available for NGT.
  • News Sentiment

    Newmont has a news sentiment score of 0.24. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.43 average news sentiment score of Basic Materials companies.
  • News Coverage This Week

    MarketBeat has tracked 8 news articles for Newmont this week, compared to 2 articles on an average week.
  • Search Interest

    8 people have searched for NGT on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • MarketBeat Follows

    2 people have added Newmont to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Newmont insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 0.09% of the stock of Newmont is held by insiders.

  • Percentage Held by Institutions

    73.06% of the stock of Newmont is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Newmont's insider trading history.
Receive NGT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Newmont and its competitors with MarketBeat's FREE daily newsletter.

NGT Stock News Headlines

Raymond James Has Optimistic Outlook of Newmont Q2 Earnings
FY2025 Earnings Estimate for Newmont Issued By Raymond James
URGENT: This Altcoin Opportunity Won’t Wait – Act Now
All of our key indicators are flashing the same signal: an altcoin season is fast approaching. And if you know anything about crypto, you know that altcoin seasons are where some of the biggest gains happen.
See More Headlines

NGT Stock Analysis - Frequently Asked Questions

Newmont's stock was trading at C$54.85 on January 1st, 2024. Since then, NGT shares have increased by 2.2% and is now trading at C$56.03.
View the best growth stocks for 2024 here
.

Newmont Co. (TSE:NGT) posted its quarterly earnings results on Wednesday, October, 23rd. The company reported $1.11 earnings per share for the quarter, beating the consensus estimate of $1.07 by $0.04. The firm earned $6.28 billion during the quarter, compared to analysts' expectations of $5.79 billion. Newmont had a negative net margin of 13.29% and a negative trailing twelve-month return on equity of 8.09%.

Shares of NGT stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Newmont investors own include Barrick Gold (ABX), Wheaton Precious Metals (WPM), Cenovus Energy (CVE), Enbridge (ENB), Suncor Energy (SU), Agnico Eagle Mines (AEM) and Advanced Micro Devices (AMD).

Company Calendar

Ex-Dividend for 9/30 Dividend
9/05/2024
Dividend Payable
9/30/2024
Last Earnings
10/23/2024
Ex-Dividend for 12/23 Dividend
11/27/2024
Today
12/18/2024
Dividend Payable
12/23/2024

Industry, Sector and Symbol

Industry
Gold
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
21,700
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$68.00
High Stock Price Target
C$68.00
Low Stock Price Target
C$68.00
Potential Upside/Downside
+21.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
7 Analysts

Profitability

Net Income
C$-2,010,000,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$14.87 billion
Cash Flow
C$4.18 per share
Book Value
C$25.52 per share

Miscellaneous

Outstanding Shares
1,150,000,000
Free Float
N/A
Market Cap
C$64.43 billion
Optionable
Not Optionable
Beta
0.51
7 Stocks to Buy And Hold Forever Cover

Click the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report

This page (TSE:NGT) was last updated on 12/18/2024 by MarketBeat.com Staff
From Our Partners