Research Analysts Offer Predictions for Newmont Q2 Earnings

Newmont Co. (TSE:NGT - Free Report) - Research analysts at Zacks Research dropped their Q2 2025 EPS estimates for Newmont in a research note issued to investors on Tuesday, May 6th. Zacks Research analyst A. Barman now anticipates that the company will post earnings of $0.98 per share for the quarter, down from their prior forecast of $1.01. 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 $1.00 EPS, Q4 2025 earnings at $1.12 EPS and FY2027 earnings at $5.39 EPS.

Several other brokerages have also weighed in on NGT. National Bankshares upped their target price on Newmont from C$75.00 to C$80.00 and gave the stock a "sector perform" rating in a research report on Wednesday, March 19th. The Goldman Sachs Group upgraded Newmont to a "strong-buy" rating in a report on Monday, January 13th. BMO Capital Markets upgraded shares of Newmont to a "strong-buy" rating in a research note on Tuesday, April 15th. UBS Group raised shares of Newmont from a "hold" rating to a "strong-buy" rating in a research report on Friday, April 11th. Finally, National Bank Financial upgraded shares of Newmont to a "hold" rating in a report on Friday, March 21st. Five investment analysts have rated the stock with a hold rating, one has issued a buy rating and six have given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average price target of C$62.50.

Newmont Trading Down 2.0%

TSE NGT traded down C$1.44 on Thursday, hitting C$69.57. 119,839 shares of the company were exchanged, compared to its average volume of 228,280. The company has a debt-to-equity ratio of 30.62, a current ratio of 1.96 and a quick ratio of 1.77. Newmont has a twelve month low of C$53.03 and a twelve month high of C$81.16. The firm has a market capitalization of C$55.34 billion, a P/E ratio of -45.96, a price-to-earnings-growth ratio of 1.43 and a beta of 0.51. The company's 50 day moving average price is C$70.17 and its 200-day moving average price is C$63.73.

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.