Zacks Research Issues Positive Forecast for Newmont Earnings

Newmont Co. (TSE:NGT) – Research analysts at Zacks Research raised their FY2025 earnings per share estimates for Newmont in a research report issued to clients and investors on Wednesday, November 5th. Zacks Research analyst Team now expects that the company will earn $7.78 per share for the year, up from their prior forecast of $6.81. The consensus estimate for Newmont’s current full-year earnings is $5.51 per share. Zacks Research also issued estimates for Newmont’s Q1 2026 earnings at $1.72 EPS, Q2 2026 earnings at $2.01 EPS, Q3 2026 earnings at $2.20 EPS, Q4 2026 earnings at $2.40 EPS, FY2026 earnings at $8.33 EPS, Q1 2027 earnings at $2.08 EPS, Q2 2027 earnings at $2.17 EPS, Q3 2027 earnings at $2.30 EPS and FY2027 earnings at $8.84 EPS.

Several other equities research analysts also recently commented on the stock. Scotiabank raised shares of Newmont from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 23rd. BNP Paribas lowered Newmont from a “strong-buy” rating to a “hold” rating in a report on Thursday, September 4th. National Bank Financial upgraded Newmont from a “hold” rating to a “strong-buy” rating in a report on Friday, July 25th. Cibc World Mkts raised Newmont from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 10th. Finally, Royal Bank Of Canada raised Newmont from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, September 10th. Eight research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of C$85.00.

Newmont Stock Performance

Shares of NGT stock opened at C$116.00 on Monday. 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 fifty day simple moving average of C$113.82 and a two-hundred day simple moving average of C$93.21. Newmont has a 12 month low of C$53.03 and a 12 month high of C$119.73. The firm has a market capitalization of C$127.42 billion, a PE ratio of 20.86, a price-to-earnings-growth ratio of 1.43 and a beta of 0.90.

About Newmont

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.