TSE:NGT Newmont (NGT) Stock Price, News & Analysis C$64.63 +1.41 (+2.23%) (As of 07/26/2024 ET) Add Compare Share Share Today's RangeC$63.74▼C$65.3050-Day RangeC$55.45▼C$66.1052-Week RangeC$39.96▼C$66.91Volume192,029 shsAverage Volume218,877 shsMarket CapitalizationC$74.32 billionP/E RatioN/ADividend Yield2.12%Price TargetC$68.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlines Get Newmont alerts: Email Address Newmont MarketRank™ Stock AnalysisAnalyst RatingStrong Buy3.50 Rating ScoreUpside/Downside5.2% UpsideC$68.00 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.92Based on 9 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.47 out of 5 stars 2.8 Analyst's Opinion Consensus RatingNewmont has received a consensus rating of Strong Buy. The company's average rating score is 3.50, and is based on no buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageNewmont has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Newmont's stock forecast and price target. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for NGT. Previous Next 0.8 Dividend Strength Dividend YieldNewmont pays a meaningful dividend of 2.36%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthNewmont does not have a long track record of dividend growth.Read more about Newmont's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for NGT. Previous Next 3.8 News and Social Media Coverage News SentimentNewmont has a news sentiment score of 0.92. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.33 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Newmont this week, compared to 1 article on an average week.Search Interest9 people have searched for NGT on MarketBeat in the last 30 days. MarketBeat Follows1 people have added Newmont to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Newmont insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.10% of the stock of Newmont is held by insiders.Percentage Held by Institutions71.01% of the stock of Newmont is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Newmont's insider trading history. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Newmont is -14.46, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Newmont is -14.46, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioNewmont has a PEG Ratio of 0.78. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioNewmont has a P/B Ratio of 2.58. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Newmont's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Unstoppable Prosperity“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.You can find out what they are by clicking here now. About Newmont Stock (TSE:NGT)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. The company was founded in 1916 and is headquartered in Denver, Colorado.Read More NGT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NGT Stock News HeadlinesJuly 25 at 6:33 PM | seekingalpha.comNewmont: Q2 Margins Soar On Back Of Record Gold PriceJuly 24 at 9:49 PM | uk.finance.yahoo.comNewmont Reports Second Quarter 2024 ResultsJuly 26, 2024 | Darwin (Ad)Top Stock Unveiled!Ready to discover the standout stock of 2024? We’ve identified a single buy & hold gem that’s poised to redefine your portfolio. Download our exclusive report now and dive into the Insights. Click below to opt-in and receive up to two additional free bonus subscriptions. Unsubscribe at any time.July 20, 2024 | americanbankingnews.comFY2025 Earnings Estimate for Newmont Co. (TSE:NGT) Issued By National Bank FinancialJuly 19, 2024 | americanbankingnews.comNewmont Co. to Post Q2 2024 Earnings of $0.83 Per Share, National Bank Financial Forecasts (TSE:NGT)July 17, 2024 | americanbankingnews.comNewmont (NGT) to Release Quarterly Earnings on WednesdayMay 7, 2024 | seekingalpha.comNewmont Is Too Cheap To IgnoreApril 24, 2024 | msn.comNewmont Q1 Earnings Preview: Rising costs, gold production in focusJuly 26, 2024 | Darwin (Ad)Top Stock Unveiled!Ready to discover the standout stock of 2024? We’ve identified a single buy & hold gem that’s poised to redefine your portfolio. Download our exclusive report now and dive into the Insights. Click below to opt-in and receive up to two additional free bonus subscriptions. Unsubscribe at any time.April 21, 2024 | seekingalpha.comNewmont: The Giant Is About To Wake UpApril 20, 2024 | finance.yahoo.comNewmont Corporation (NEM)April 19, 2024 | seekingalpha.comNewmont: Redemption Has Finally ArrivedApril 19, 2024 | seekingalpha.comNewmont: Limited Upside As Skyrocketing Costs Offset Rising Prices (Rating Downgrade)April 9, 2024 | baystreet.caTop Reasons Why Gold Could Rally to $2,500 this YearMarch 22, 2024 | msn.comNewmont's Akyem gold mine in Ghana draws Chinese interest - BloombergMarch 11, 2024 | seekingalpha.comNewmont Stock: A "Once-In-A-Generation" BuyMarch 4, 2024 | finance.yahoo.comNewmont Announces Offering of Notes to Repay Outstanding Borrowings Under Revolving Credit FacilityFebruary 23, 2024 | ca.finance.yahoo.comNEM Mar 2024 30.000 putSee More Headlines Receive NGT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Newmont and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 6/27 Dividend6/04/2024Dividend Payable6/27/2024Today7/26/2024Next Earnings (Estimated)10/24/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorBasic Materials Industry Gold Sub-IndustryN/A Current SymbolTSE:NGT CUSIPN/A CIKN/A Webwww.newmontgoldcorp.com Phone303-863-7414FaxN/AEmployees21,700Year FoundedN/APrice Target and Rating Average Stock Price TargetC$68.00 High Stock Price TargetC$68.00 Low Stock Price TargetC$68.00 Potential Upside/Downside+5.2%Consensus RatingStrong Buy Rating Score (0-4)3.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)C($4.47) Trailing P/E RatioN/A Forward P/E Ratio14.29 P/E Growth0.78Net IncomeC$-2,690,000,000.00 Net Margins-20.33% Pretax MarginN/A Return on Equity-10.98% Return on Assets1.54% Debt Debt-to-Equity Ratio32.56 Current Ratio2.15 Quick Ratio1.77 Sales & Book Value Annual SalesC$13.16 billion Price / Sales5.65 Cash FlowC$4.82 per share Price / Cash Flow13.40 Book ValueC$25.06 per share Price / Book2.58Miscellaneous Outstanding Shares1,150,000,000Free FloatN/AMarket CapC$74.32 billion OptionableNot Optionable Beta0.49 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. Thomas Ronald Palmer (Age 56)President, CEO & Director Comp: $3MMs. Natascha Viljoen BEng (PrEng) (Age 54)EMBA, Executive VP & Chief Operating Officer Comp: $1.77MMr. Peter Ivan Toth BBus (IB) (Age 54)MIB, Executive VP & Chief Development Officer Comp: $1.34MMr. Joshua L. Cage (Age 49)Acting VP, Chief Accounting Officer & Controller Mr. Francois HardyChief Technology OfficerNeil BackhouseGroup Head of Investor RelationsMr. Peter Wexler J.D.Executive VP & Chief Legal OfficerMs. Jennifer Cmil (Age 53)Executive VP & Chief People Officer Mr. Alwyn Pretorius (Age 53)Managing Director of Papua New Guinea Mr. Dean R. Gehring (Age 55)Executive VP &Chief Integration Officer More ExecutivesKey CompetitorsAgnico Eagle MinesTSE:AEMBarrick GoldTSE:ABXWheaton Precious MetalsTSE:WPMFranco-NevadaTSE:FNVKinross GoldTSE:KView All Competitors Should I Buy Newmont Stock? NGT Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Newmont Co.: Newmont's stock price reached a new 52-week high of C$60.54, indicating positive momentum and potential for further growth. UBS Group upgraded Newmont from a hold rating to a strong-buy rating, suggesting confidence in the company's future performance. Newmont reported earnings per share (EPS) of C$0.74 for the quarter, surpassing analyst estimates by C$0.26, showcasing strong financial performance. Newmont increased its quarterly dividend to $0.338 per share, representing a boost from the previous dividend and a dividend yield of 2.39%, which can be attractive to income-seeking investors. Newmont has a low debt-to-equity ratio of 32.56, a quick ratio of 1.77, and a current ratio of 2.15, indicating a strong financial position and ability to meet short-term obligations. Cons Investors should be bearish about investing in Newmont Co. for these reasons: Despite the positive momentum, Newmont's stock price has a high volatility with a beta of 0.49, which may lead to increased risk for investors. Newmont had a negative return on equity of 10.98% and a negative net margin of 20.33%, indicating underlying financial challenges that could impact future profitability. The dividend payout ratio of -30.65% raises concerns about the sustainability of the increased dividend and the company's ability to generate consistent returns for shareholders. Two investment analysts have rated the stock with a hold rating, suggesting mixed opinions on the company's future prospects and potential for growth. While Newmont has shown strong financial performance in recent quarters, investors should consider the cyclical nature of the mining industry and its impact on the company's earnings in the long term. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, July 7, 2024. Please send any questions or comments about these Newmont pros and cons to contact@marketbeat.com. NGT Stock Analysis - Frequently Asked Questions How have NGT shares performed this year? Newmont's stock was trading at C$54.85 on January 1st, 2024. Since then, NGT shares have increased by 17.8% and is now trading at C$64.63. View the best growth stocks for 2024 here. How do I buy shares of Newmont? Shares of NGT stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. What other stocks do shareholders of Newmont own? Based on aggregate information from My MarketBeat watchlists, some other companies that Newmont investors own include Barrick Gold (ABX), Enbridge (ENB), Bristol-Myers Squibb (BMY), Cisco Systems (CSCO), Home Depot (HD), Kirkland Lake Gold (KL) and AT&T (T). This page (TSE:NGT) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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