Newmont (TSE:NGT) Upgraded at Stifel Canada

Newmont (TSE:NGT - Get Free Report) was upgraded by equities research analysts at Stifel Canada to a "strong-buy" rating in a research report issued to clients and investors on Tuesday,Zacks.com reports. Stifel Canada also issued estimates for Newmont's Q2 2025 earnings at $1.43 EPS, Q3 2025 earnings at $1.24 EPS, Q4 2025 earnings at $1.24 EPS, FY2025 earnings at $6.19 EPS, FY2026 earnings at $5.14 EPS and FY2027 earnings at $5.94 EPS.

Several other research firms have also commented on NGT. UBS Group raised Newmont from a "hold" rating to a "strong-buy" rating in a research report on Friday, April 11th. BMO Capital Markets raised Newmont to a "strong-buy" rating in a research report on Tuesday, April 15th. Cfra Research raised Newmont to a "strong-buy" rating in a research report on Friday, April 25th. National Bankshares boosted their price target 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. Finally, The Goldman Sachs Group lowered Newmont from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, July 8th. Six investment analysts have rated the stock with a hold rating, one has assigned a buy rating and five have issued a strong buy rating to the company's stock. According to MarketBeat, Newmont has an average rating of "Moderate Buy" and an average price target of C$62.50.

Newmont Stock Up 0.7%

Newmont stock traded up C$0.61 during midday trading on Tuesday, hitting C$82.28. 183,548 shares of the company were exchanged, compared to its average volume of 225,858. The company's fifty day moving average price is C$75.97 and its 200-day moving average price is C$68.85. The company has a market cap of C$65.45 billion, a PE ratio of -54.36, a price-to-earnings-growth ratio of 1.43 and a beta of 0.51. 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 fifty-two week low of C$53.03 and a fifty-two week high of C$82.88.

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.