Newmont Co. (TSE:NGT - Free Report) - Investment analysts at Zacks Research decreased their Q2 2025 earnings estimates for shares of Newmont in a report issued on Wednesday, March 5th. Zacks Research analyst A. Barman now forecasts that the company will earn $1.01 per share for the quarter, down from their prior estimate of $1.06. The consensus estimate for Newmont's current full-year earnings is $5.51 per share. Zacks Research also issued estimates for Newmont's Q3 2025 earnings at $1.02 EPS, Q2 2026 earnings at $1.08 EPS, Q3 2026 earnings at $1.18 EPS, Q4 2026 earnings at $1.16 EPS and FY2027 earnings at $4.96 EPS.
Several other research firms have also weighed in on NGT. The Goldman Sachs Group raised Newmont to a "strong-buy" rating in a research note on Monday, January 13th. CLSA upgraded shares of Newmont to a "hold" rating in a research report on Friday, November 29th. Finally, Citigroup lowered their target price 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. Five research 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. According to MarketBeat.com, Newmont presently has a consensus rating of "Moderate Buy" and an average price target of C$56.50.
Check Out Our Latest Analysis on Newmont
Newmont Trading Up 5.0 %
Shares of NGT stock traded up C$3.12 during trading hours on Monday, reaching C$65.85. The company had a trading volume of 247,223 shares, compared to its average volume of 209,014. Newmont has a 1-year low of C$45.17 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 firm has a market cap of C$52.38 billion, a price-to-earnings ratio of -43.51, a P/E/G ratio of 1.43 and a beta of 0.51. The company has a 50 day moving average of C$61.57 and a 200 day moving average of C$64.33.
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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