Newmont (NGT) Stock Price, News & Analysis

Company Overview

Newmont Corp is primarily a gold producer with operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. It is also engaged in the production of copper, silver, lead and zinc. The company's operations are organized in five geographic regions: North America, South America, Australia, Africa and Nevada.

Key Stats

• Today's Range: C$109.06 to C$110.86
• 50-Day Range: C$78.68 to C$110.11
• 52-Week Range: C$53.03 to C$110.86
• Volume: 247,984 shs
• Average Volume: 235,745 shs
• Market Capitalization: C$120.51 billion
• P/E Ratio: 19.73
• Dividend Yield: 0.91%
• Price Target: C$62.50
• Consensus Rating: Moderate Buy

Newmont Stock Analysis - MarketRank™

Newmont scored higher than 32% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Newmont has received a consensus rating of Moderate Buy. The company's average rating score is 2.86, and is based on 2 buy ratings, 7 hold ratings, and no sell ratings.

Downside Risk

Newmont has a consensus price target of C$62.50, representing about 43.0% downside from its current price of C$109.71.

Amount of Analyst Coverage

Newmont has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Newmont is 19.73, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 280.85.

Price to Earnings Ratio vs. Sector

The P/E ratio of Newmont is 19.73, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 159.14.

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 4.21. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for NGT.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Newmont pays a meaningful dividend of 1.27%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

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

Dividend Coverage

The dividend payout ratio of Newmont is 17.99%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for NGT.

News and Social Media

• Score: 1.6 / 5
• News Sentiment: -0.06

News Sentiment

Newmont has a news sentiment score of -0.06. 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 0.60 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Newmont this week, compared to 2 articles on an average week.

Search Interest

3 people have searched for NGT on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Newmont to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

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

56.79% of the stock of Newmont is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

NGT Stock Analysis - Frequently Asked Questions

How have NGT shares performed this year?

Newmont's stock was trading at C$53.52 on January 1st, 2025. Since then, NGT stock has increased by 105.0% and is now trading at C$109.71.

How do I buy shares of Newmont?

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.

What other stocks do shareholders of Newmont own?

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).

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Basic Materials
• Industry: Gold
• Sub-Industry: N/A
• Current Symbol: TSE:NGT
• CIK: N/A
• Web: www.newmontgoldcorp.com
• Phone: 303-863-7414
• Fax: N/A
• Employees: 21,700
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Newmont: C$62.50
• High Price Target: C$80.00
• Low Price Target: C$45.00
• Potential Upside/Downside: -43.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.86
• Research Coverage: 14 Analysts

Profitability

• EPS (Trailing Twelve Months): C$5.56
• Trailing P/E Ratio: 19.73
• Forward P/E Ratio: 19.91
• P/E Growth: 1.43
• Net Income: -C$841.22 million
• Net Margins: -7.14%
• Pretax Margin: N/A
• Return on Equity: -4.15%
• Return on Assets: 2.79%

Debt

• Debt-to-Equity Ratio: 30.62
• Current Ratio: 1.96
• Quick Ratio: 1.77

Sales & Book Value

• Annual Sales: C$20.58 billion
• Price / Sales: 5.85
• Cash Flow: C$8.19 per share
• Price / Cash Flow: 13.40
• Book Value: C$26.06 per share
• Price / Book: 4.21

Miscellaneous

• Outstanding Shares: 1,098,450,000
• Free Float: N/A
• Market Cap: C$120.51 billion
• Optionable: Not Optionable
• Beta: 0.90