Raymond James Financial Forecasts Newmont Q2 Earnings

Newmont Co. (TSE:NGT - Free Report) - Stock analysts at Raymond James Financial decreased their Q2 2025 earnings estimates for shares of Newmont in a research report issued to clients and investors on Wednesday, July 2nd. Raymond James Financial analyst B. Macarthur now forecasts that the company will earn $1.39 per share for the quarter, down from their previous estimate of $1.46. The consensus estimate for Newmont's current full-year earnings is $5.51 per share. Raymond James Financial also issued estimates for Newmont's Q4 2025 earnings at $1.59 EPS, Q1 2026 earnings at $1.44 EPS, Q2 2026 earnings at $1.46 EPS, Q3 2026 earnings at $1.48 EPS, Q4 2026 earnings at $1.54 EPS and FY2026 earnings at $5.92 EPS.

NGT has been the subject of a number of other research reports. Cfra Research raised shares of Newmont to a "strong-buy" rating in a research report on Friday, April 25th. BMO Capital Markets raised shares of Newmont to a "strong-buy" rating in a research report 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. National Bankshares increased their price objective on shares of 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, National Bank Financial raised shares of Newmont to a "hold" rating in a research report on Friday, March 21st. Five research analysts have rated the stock with a hold rating, one has given a buy rating and five have issued a strong buy rating to the company. According to MarketBeat, the company has an average rating of "Buy" and a consensus target price of C$62.50.

Newmont Trading Up 0.9%

Shares of Newmont stock traded up C$0.75 during mid-day trading on Friday, hitting C$82.19. The stock had a trading volume of 160,754 shares, compared to its average volume of 225,390. The firm has a 50-day moving average of C$75.12 and a two-hundred day moving average of C$67.93. Newmont has a 12-month low of C$53.03 and a 12-month high of C$82.88. 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 firm has a market cap of C$65.38 billion, a P/E ratio of -54.30, 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.