Newmont FY2025 EPS Reduced by National Bank Financial

Newmont Co. (TSE:NGT) – Analysts at National Bank Financial cut their FY2025 earnings per share estimates for shares of Newmont in a research note issued on Tuesday, April 22nd. National Bank Financial analyst S. Nagle now anticipates that the company will post earnings of $6.21 per share for the year, down from their prior estimate of $6.41. National Bank Financial currently has a “Hold” rating on the stock. The consensus estimate for Newmont’s current full-year earnings is $5.51 per share.

Other analysts have also recently issued research reports about the stock. The Goldman Sachs Group raised shares of Newmont to a “strong-buy” rating in a research note on Monday, January 13th. National Bankshares increased their target price on Newmont from C$75.00 to C$80.00 and gave the company a “sector perform” rating in a research report on Wednesday, March 19th. UBS Group raised Newmont from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 11th. Finally, BMO Capital Markets raised Newmont to a “strong-buy” rating in a research note on Tuesday, April 15th. Five 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’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of C$62.50.

Newmont Stock Down 3.2 %

NGT stock opened at C$74.73 on Thursday. The stock has a market capitalization of C$59.44 billion, a P/E ratio of -49.37, a price-to-earnings-growth ratio of 1.43 and a beta of 0.51. The company has a current ratio of 1.96, a quick ratio of 1.77 and a debt-to-equity ratio of 30.62. The firm has a 50-day moving average price of C$67.97 and a 200-day moving average price of C$64.14. Newmont has a 12 month low of C$53.03 and a 12 month high of C$81.16.

Newmont Company Profile

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.