Newmont - NGT Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Newmont in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" NGT shares.
View NGT analyst ratings or view top-rated stocks.

3 Wall Street research analysts have issued 12-month price targets for Newmont's shares. Their NGT share price forecasts range from C$60.00 to C$99.00. On average, they expect the company's share price to reach C$76.03 in the next twelve months. This suggests a possible upside of 31.4% from the stock's current price.
View analysts price targets for NGT or view top-rated stocks among Wall Street analysts.

Newmont's stock was trading at C$78.44 at the beginning of the year. Since then, NGT stock has decreased by 26.2% and is now trading at C$57.88.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our NGT earnings forecast.

Newmont announced a quarterly dividend on Friday, July 22nd. Investors of record on Thursday, September 8th will be paid a dividend of 0.708 per share on Thursday, September 22nd. This represents a $2.83 annualized dividend and a dividend yield of 4.89%. The ex-dividend date is Wednesday, September 7th. This is a boost from the stock's previous quarterly dividend of C$0.69.
Read our dividend analysis for NGT.

Newmont (TSE:NGT) pays an annual dividend of C$2.20 per share and currently has a dividend yield of 4.85%. NGT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 183.33%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for NGT.

Based on aggregate information from My MarketBeat watchlists, some companies that other Newmont investors own include Barrick Gold (ABX), Enbridge (ENB), Bristol-Myers Squibb (BMY), Cisco Systems (CSCO), Home Depot (HD), Kirkland Lake Gold (KL), AT&T (T), Verizon Communications (VZ), AbbVie (ABBV) and Canadian Natural Resources (CNQ).

Newmont trades on the Toronto Stock Exchange (TSX) under the ticker symbol "NGT."

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.
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One share of NGT stock can currently be purchased for approximately C$57.88.

Newmont (TSE:NGT) has a market capitalization of C$45.94 billion and generates C$12.37 billion in revenue each year.

The company employs 14,400 workers across the globe.

The official website for the company is www.newmontgoldcorp.com. The company can be reached via phone at 303-863-7414.