Newmont (TSE:NGT – Get Free Report) will issue its quarterly earnings data before the market opens on Thursday, April 25th. Analysts expect the company to announce earnings of C$0.52 per share for the quarter.
Newmont (TSE:NGT – Get Free Report) last issued its earnings results on Thursday, February 22nd. The company reported C$0.68 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.70 by C($0.02). The firm had revenue of C$5.39 billion during the quarter, compared to the consensus estimate of C$4.37 billion. Newmont had a negative return on equity of 10.23% and a negative net margin of 21.11%.
Newmont Stock Performance
Shares of NGT stock opened at C$51.58 on Wednesday. Newmont has a 12 month low of C$39.96 and a 12 month high of C$68.15. The firm has a market capitalization of C$59.32 billion, a PE ratio of -12.55, a price-to-earnings-growth ratio of 0.78 and a beta of 0.54. The firm has a fifty day simple moving average of C$47.56 and a two-hundred day simple moving average of C$49.98. The company has a current ratio of 1.25, a quick ratio of 1.77 and a debt-to-equity ratio of 32.67.
Newmont Cuts Dividend
Analysts Set New Price Targets
Several equities analysts have commented on the stock. National Bank Financial reissued an “outperform overweight” rating on shares of Newmont in a research report on Monday, April 8th. National Bankshares dropped their price target on Newmont from C$71.00 to C$69.00 and set an “outperform” rating on the stock in a report on Friday, April 19th.
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.
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