Research Analysts Issue Forecasts for Newmont Q2 Earnings

Newmont Co. (TSE:NGT - Free Report) - Investment analysts at National Bank Financial issued their Q2 2025 earnings estimates for shares of Newmont in a research report issued to clients and investors on Tuesday, July 15th. National Bank Financial analyst S. Nagle forecasts that the company will post earnings of $1.58 per share for the quarter. National Bank Financial has a "Hold" rating on the stock. The consensus estimate for Newmont's current full-year earnings is $5.51 per share.

Other equities research analysts also recently issued research reports about the stock. Stifel Canada upgraded shares of Newmont to a "strong-buy" rating in a research note on Tuesday, July 8th. UBS Group upgraded shares of Newmont from a "hold" rating to a "strong-buy" rating in a research note on Friday, April 11th. The Goldman Sachs Group downgraded shares of Newmont from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, July 8th. Cfra Research upgraded shares of Newmont to a "strong-buy" rating in a research report on Friday, April 25th. Finally, BMO Capital Markets upgraded shares of Newmont to a "strong-buy" rating in a research report on Tuesday, April 15th. Six analysts have rated the stock with a hold rating, one has given a buy rating and five have assigned a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of C$62.50.

Newmont Stock Performance

Newmont stock traded down C$0.24 on Thursday, hitting C$79.70. The company's stock had a trading volume of 261,069 shares, compared to its average volume of 230,494. Newmont has a one year low of C$53.03 and a one year high of C$83.74. The company has a quick ratio of 1.77, a current ratio of 1.96 and a debt-to-equity ratio of 30.62. The company has a fifty day moving average price of C$76.34 and a 200-day moving average price of C$69.19. The firm has a market cap of C$63.40 billion, a P/E ratio of -52.66, a price-to-earnings-growth ratio of 1.43 and a beta of 0.51.

Newmont Company Profile

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.