Zacks Research Issues Positive Estimate for Newmont Earnings

Newmont Co. (TSE:NGT) – Stock analysts at Zacks Research upped their Q4 2025 EPS estimates for shares of Newmont in a report issued on Wednesday, November 5th. Zacks Research analyst Team now forecasts that the company will post earnings per share of $1.58 for the quarter, up from their prior estimate of $1.46. The consensus estimate for Newmont’s current full-year earnings is $5.51 per share.

NGT has been the subject of several other reports. Macquarie downgraded shares of Newmont from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 2nd. Scotiabank upgraded Newmont from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 23rd. National Bank Financial raised Newmont from a “hold” rating to a “strong-buy” rating in a report on Friday, July 25th. The Goldman Sachs Group upgraded Newmont from a “hold” rating to a “strong-buy” rating in a research note on Sunday, October 12th. Finally, Cibc World Mkts raised Newmont from a “hold” rating to a “strong-buy” rating in a report on Friday, October 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 stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of C$85.00.

Newmont Stock Down 1.1%

Shares of NGT opened at C$116.00 on Friday. Newmont has a 52 week low of C$53.03 and a 52 week high of C$119.73. The firm has a market cap of C$127.42 billion, a P/E ratio of 20.86, a price-to-earnings-growth ratio of 1.43 and a beta of 0.90. The firm’s 50-day simple moving average is C$113.32 and its 200 day simple moving average is C$92.39. The company has a debt-to-equity ratio of 30.62, a quick ratio of 1.77 and a current ratio of 1.96.

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.