Analysts Issue Forecasts for Newmont Q1 Earnings

Newmont Co. (TSE:NGT - Free Report) - Stock analysts at National Bank Financial issued their Q1 2025 earnings per share estimates for shares of Newmont in a research report issued to clients and investors on Tuesday, April 22nd. National Bank Financial analyst S. Nagle forecasts that the company will post earnings per share of $1.39 for the quarter. National Bank Financial currently has a "Hold" rating on the stock. The consensus estimate for Newmont's current full-year earnings is $5.51 per share. National Bank Financial also issued estimates for Newmont's FY2026 earnings at $7.60 EPS.

NGT has been the subject of several other reports. BMO Capital Markets raised shares of Newmont to a "strong-buy" rating in a research report on Tuesday, April 15th. UBS Group raised Newmont from a "hold" rating to a "strong-buy" rating in a report on Friday, April 11th. The Goldman Sachs Group upgraded Newmont to a "strong-buy" rating in a report on Monday, January 13th. National Bankshares boosted 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. Finally, Cfra Research raised shares of Newmont to a "strong-buy" rating in a report on Friday, April 25th. Five research analysts have rated the stock with a hold rating, one has issued a buy rating and six have issued a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Buy" and a consensus target price of C$62.50.

Newmont Stock Down 0.9 %

Newmont stock traded down C$0.64 during trading on Friday, reaching C$72.65. The stock had a trading volume of 85,225 shares, compared to its average volume of 232,088. The company has a quick ratio of 1.77, a current ratio of 1.96 and a debt-to-equity ratio of 30.62. Newmont has a 52-week low of C$53.03 and a 52-week high of C$81.16. The stock has a market cap of C$57.79 billion, a PE ratio of -48.00, a P/E/G ratio of 1.43 and a beta of 0.51. The business has a 50 day moving average price of C$68.22 and a 200 day moving average price of C$64.04.

Newmont Company Profile

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.