Newmont FY2025 EPS Increased by National Bank Financial

Newmont Co. (TSE:NGT) – Equities researchers at National Bank Financial upped their FY2025 earnings per share (EPS) estimates for Newmont in a research note issued to investors on Tuesday, July 15th. National Bank Financial analyst S. Nagle now anticipates that the company will post earnings of $7.12 per share for the year, up from their previous forecast of $6.34. National Bank Financial has a “Hold” rating on the stock. The consensus estimate for Newmont’s current full-year earnings is $5.51 per share. National Bank Financial also issued estimates for Newmont’s FY2025 earnings at $7.12 EPS and FY2026 earnings at $8.89 EPS.

Other research analysts have also recently issued research reports about the company. Stifel Canada raised Newmont to a “strong-buy” rating in a research note on Tuesday, July 8th. BMO Capital Markets upgraded Newmont to a “strong-buy” rating in a report on Tuesday, April 15th. UBS Group upgraded Newmont from a “hold” rating to a “strong-buy” rating in a report on Friday, April 11th. The Goldman Sachs Group downgraded Newmont from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 8th. Finally, Cfra Research raised Newmont to a “strong-buy” rating in a research report on Friday, April 25th. Six equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and five have issued a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$62.50.

Newmont Trading Up 0.2%

NGT opened at C$79.86 on Friday. The stock has a market cap of C$63.52 billion, a price-to-earnings ratio of -52.76, a P/E/G ratio of 1.43 and a beta of 0.51. The stock’s 50 day moving average price is C$76.56 and its 200-day moving average price is C$69.55. Newmont has a one year low of C$53.03 and a one year high of C$83.74. The company has a debt-to-equity ratio of 30.62, a quick ratio of 1.77 and a current ratio of 1.96.

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.