What is Stifel Canada’s Estimate for Newmont Q3 Earnings?

Newmont Co. (TSE:NGT) – Investment analysts at Stifel Canada upped their Q3 2025 EPS estimates for Newmont in a research note issued on Monday, October 20th. Stifel Canada analyst R. Profiti now forecasts that the company will post earnings per share of $2.03 for the quarter, up from their prior forecast of $1.86. Stifel Canada has a “Strong-Buy” rating on the stock. The consensus estimate for Newmont’s current full-year earnings is $5.51 per share.

A number of other research analysts also recently issued reports on the stock. The Goldman Sachs Group upgraded shares of Newmont from a “hold” rating to a “strong-buy” rating in a research report on Sunday, October 12th. National Bank Financial upgraded shares of Newmont from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 25th. Royal Bank Of Canada upgraded shares of Newmont from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, September 10th. Cibc World Mkts upgraded shares of Newmont from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 10th. Finally, National Bankshares boosted their target price on shares of Newmont from C$110.00 to C$125.00 and gave the company an “outperform” rating in a research report on Monday, September 22nd. Seven research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of C$85.00.

Newmont Price Performance

Shares of TSE NGT opened at C$116.00 on Wednesday. The company has a quick ratio of 1.77, a current ratio of 1.96 and a debt-to-equity ratio of 30.62. Newmont has a twelve month low of C$53.03 and a twelve month high of C$119.73. The firm has a fifty day simple moving average of C$108.47 and a 200 day simple moving average of C$88.42. The company has a market capitalization of C$127.42 billion, a PE ratio of 20.86, a P/E/G ratio of 1.43 and a beta of 0.90.

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.