Newmont Q2 EPS Forecast Lowered by Raymond James Financial

Newmont Co. (TSE:NGT) – Analysts at Raymond James Financial cut their Q2 2025 earnings per share estimates for shares of Newmont in a research note issued on Wednesday, July 2nd. Raymond James Financial analyst B. Macarthur now anticipates that the company will post earnings of $1.39 per share for the quarter, down from their prior estimate of $1.46. The consensus estimate for Newmont’s current full-year earnings is $5.51 per share. Raymond James Financial also issued estimates for Newmont’s Q4 2025 earnings at $1.59 EPS, Q1 2026 earnings at $1.44 EPS, Q2 2026 earnings at $1.46 EPS, Q3 2026 earnings at $1.48 EPS, Q4 2026 earnings at $1.54 EPS and FY2026 earnings at $5.92 EPS.

Several other equities analysts also recently commented on the stock. BMO Capital Markets raised shares of Newmont to a “strong-buy” rating in a research note on Tuesday, April 15th. National Bank Financial upgraded Newmont to a “hold” rating in a research note on Friday, March 21st. National Bankshares raised their price objective on Newmont from C$75.00 to C$80.00 and gave the company a “sector perform” rating in a report on Wednesday, March 19th. UBS Group raised Newmont from a “hold” rating to a “strong-buy” rating in a report on Friday, April 11th. Finally, Cfra Research upgraded Newmont to a “strong-buy” rating in a research report on Friday, April 25th. Five investment analysts have rated the stock with a hold rating, one has issued a buy rating and five have issued a strong buy rating to the company. According to data from MarketBeat, Newmont presently has a consensus rating of “Buy” and an average target price of C$62.50.

Newmont Trading Up 0.1%

NGT opened at C$81.44 on Friday. The company has a market cap of C$64.78 billion, a P/E ratio of -53.81, a PEG 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 company’s 50 day moving average is C$75.12 and its 200-day moving average is C$67.74. Newmont has a 1-year low of C$53.03 and a 1-year high of C$82.88.

About Newmont

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.