Stifel Canada Estimates Newmont’s FY2025 Earnings (TSE:NGT)

Newmont Co. (TSE:NGT) – Stock analysts at Stifel Canada raised their FY2025 earnings per share (EPS) estimates for Newmont in a research note issued to investors on Thursday, October 23rd. Stifel Canada analyst R. Profiti now anticipates that the company will post earnings of $9.70 per share for the year, up from their prior estimate of $9.52. Stifel Canada currently has a “Strong-Buy” rating on the stock. The consensus estimate for Newmont’s current full-year earnings is $5.51 per share. Stifel Canada also issued estimates for Newmont’s FY2026 earnings at $10.37 EPS and FY2027 earnings at $12.03 EPS.

NGT has been the topic of a number of other reports. Royal Bank Of Canada upgraded Newmont from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, September 10th. National Bankshares boosted their target price on Newmont from C$110.00 to C$125.00 and gave the stock an “outperform” rating in a research report on Monday, September 22nd. Macquarie downgraded Newmont from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 2nd. Cibc World Mkts upgraded Newmont from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 10th. Finally, National Bank Financial upgraded Newmont from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 25th. Eight research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of C$85.00.

Newmont Price Performance

TSE:NGT 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 company has a market capitalization of C$127.42 billion, a P/E ratio of 20.86, a P/E/G ratio of 1.43 and a beta of 0.90. Newmont has a 12 month low of C$53.03 and a 12 month high of C$119.73. The business’s 50-day moving average is C$110.15 and its 200 day moving average is C$89.98.

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.