Newmont Co. (TSE:NGT - Get Free Report) declared a quarterly dividend on Thursday, April 25th, Zacks reports. Stockholders of record on Tuesday, June 4th will be paid a dividend of 0.338 per share on Thursday, June 27th. This represents a $1.35 annualized dividend and a dividend yield of 2.32%. The ex-dividend date of this dividend is Monday, June 3rd. This is an increase from Newmont's previous quarterly dividend of $0.34.
Newmont Stock Down 1.5 %
Shares of NGT stock traded down C$0.88 during trading hours on Friday, reaching C$58.38. 313,798 shares of the stock were exchanged, compared to its average volume of 254,174. The business's fifty day moving average is C$48.30 and its two-hundred day moving average is C$50.11. The firm has a market capitalization of C$67.14 billion, a P/E ratio of -14.20, a P/E/G ratio of 0.78 and a beta of 0.54. Newmont has a 12-month low of C$39.96 and a 12-month high of C$68.15. The company has a debt-to-equity ratio of 32.67, a current ratio of 1.25 and a quick ratio of 1.77.
Newmont (TSE:NGT - Get Free Report) last announced its quarterly earnings data on Thursday, February 22nd. The company reported C$0.68 EPS for the quarter, missing analysts' consensus estimates of C$0.70 by C($0.02). Newmont had a negative net margin of 21.11% and a negative return on equity of 10.23%. The firm had revenue of C$5.39 billion during the quarter, compared to analysts' expectations of C$4.37 billion. As a group, research analysts expect that Newmont will post 3.4813847 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Several research analysts have recently issued reports on NGT shares. National Bankshares lowered their price objective on Newmont from C$71.00 to C$69.00 and set an "outperform" rating for the company in a research report on Friday, April 19th. National Bank Financial reaffirmed an "outperform overweight" rating on shares of Newmont in a report on Monday, April 8th.
Check Out Our Latest Analysis on Newmont
About Newmont
(
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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.
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