TSE:NGT

Newmont (NGT) Stock Price, News & Analysis

C$59.26
+6.39 (+12.09%)
(As of 04/25/2024 ET)
Today's Range
C$54.87
C$59.99
50-Day Range
C$40.44
C$59.26
52-Week Range
C$39.96
C$68.15
Volume
959,735 shs
Average Volume
253,434 shs
Market Capitalization
C$68.15 billion
P/E Ratio
N/A
Dividend Yield
2.29%
Price Target
C$59.50

Newmont MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
0.4% Upside
C$59.50 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.27mentions of Newmont in the last 14 days
Based on 19 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.69 out of 5 stars

NGT stock logo

About Newmont Stock (TSE:NGT)

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. The company was founded in 1916 and is headquartered in Denver, Colorado.

NGT Stock Price History

NGT Stock News Headlines

“Retirement Secret” Showed 995% Gain Last Time We Shared It
Central Banks Buying Gold in Record Numbers Most folks have completely missed the fact that the world's Central Banks have been quietly gobbling up as much gold as they can… Stacking it in their locked vaults on pallets in record numbers.
Newmont: The Giant Is About To Wake Up
Newmont Corporation (NEM)
Newmont: Redemption Has Finally Arrived
“Retirement Secret” Showed 995% Gain Last Time We Shared It
Central Banks Buying Gold in Record Numbers Most folks have completely missed the fact that the world's Central Banks have been quietly gobbling up as much gold as they can… Stacking it in their locked vaults on pallets in record numbers.
Newmont (NGT) to Release Earnings on Thursday
Newmont Stock: A "Once-In-A-Generation" Buy
NEM Mar 2024 30.000 put
NEM Apr 2024 32.000 put
Is Newmont Mining Stock a Good Buy Right Now?
What Gold Mining Companies Are Telling Their Investors
NEM Jun 2024 37.500 call
NEM Jun 2024 22.500 put
NEM Mar 2024 27.500 put
NEM Feb 2024 44.000 call
NEM Feb 2024 50.000 put
See More Headlines
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Company Calendar

Last Earnings
2/22/2024
Ex-Dividend for 3/28 Dividend
3/04/2024
Dividend Payable
3/28/2024
Today
4/25/2024
Next Earnings (Confirmed)
4/25/2024

Industry, Sector and Symbol

Industry
Gold
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
21,700
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$59.50
High Stock Price Target
C$69.00
Low Stock Price Target
C$50.00
Potential Upside/Downside
+0.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
C$-2,520,000,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$11.81 billion
Cash Flow
C$4.42 per share
Book Value
C$25.18 per share

Miscellaneous

Outstanding Shares
1,150,000,000
Free Float
N/A
Market Cap
C$68.15 billion
Optionable
Not Optionable
Beta
0.54
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Key Executives

  • Mr. Thomas Ronald Palmer (Age 56)
    President, CEO & Director
    Comp: $3.03M
  • Mr. Robert D. Atkinson (Age 53)
    Executive VP & COO
    Comp: $1.62M
  • Mr. Peter Ivan Toth BBus (IB) (Age 54)
    MIB, Executive VP & Chief Development Officer
    Comp: $1.35M
  • Mr. Joshua L. Cage (Age 49)
    Acting VP, Chief Accounting Officer & Controller
  • Mr. Dean R. Gehring (Age 55)
    Executive VP, Chief Integration Officer & CTO
  • Neil Backhouse
    Group Head of Investor Relations
  • Mr. Peter Wexler J.D.
    Executive VP & Chief Legal Officer
  • Ms. Jennifer Cmil (Age 53)
    Executive VP & Chief People Officer
  • Mr. Alwyn Pretorius (Age 53)
    Managing Director of Papua New Guinea
  • Ms. Suzanne Retallack (Age 47)
    Executive VP, Chief Safety & Sustainability Officer and Executive of Australia

NGT Stock Analysis - Frequently Asked Questions

Should I buy or sell Newmont stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Newmont in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" NGT shares.
View NGT analyst ratings
or view top-rated stocks.

What is Newmont's stock price target for 2024?

2 Wall Street research analysts have issued 12 month target prices for Newmont's shares. Their NGT share price targets range from C$50.00 to C$69.00. On average, they anticipate the company's share price to reach C$59.50 in the next year. This suggests a possible upside of 0.4% from the stock's current price.
View analysts price targets for NGT
or view top-rated stocks among Wall Street analysts.

How have NGT shares performed in 2024?

Newmont's stock was trading at C$54.85 at the beginning of the year. Since then, NGT stock has increased by 8.0% and is now trading at C$59.26.
View the best growth stocks for 2024 here
.

How were Newmont's earnings last quarter?

Newmont Co. (TSE:NGT) posted its earnings results on Thursday, February, 22nd. The company reported $0.68 earnings per share for the quarter, missing analysts' consensus estimates of $0.70 by $0.02. The business earned $5.39 billion during the quarter, compared to analyst estimates of $4.37 billion. Newmont had a negative net margin of 21.11% and a negative trailing twelve-month return on equity of 10.23%.

How often does Newmont pay dividends? What is the dividend yield for Newmont?

Newmont announced a quarterly dividend on Thursday, February 22nd. Investors of record on Tuesday, March 5th will be paid a dividend of 0.336 per share on Thursday, March 28th. This represents a $1.34 dividend on an annualized basis and a yield of 2.27%. The ex-dividend date of this dividend is Monday, March 4th.
Read our dividend analysis for NGT
.

Is Newmont a good dividend stock?

Newmont (TSE:NGT) pays an annual dividend of C$1.36 per share and currently has a dividend yield of 2.55%.
Read our dividend analysis for NGT.

What other stocks do shareholders of Newmont own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Newmont investors own include Barrick Gold (ABX), Enbridge (ENB), Bristol-Myers Squibb (BMY), Cisco Systems (CSCO), Home Depot (HD), Kirkland Lake Gold (KL), AT&T (T), Verizon Communications (VZ), AbbVie (ABBV) and Canadian Natural Resources (CNQ).

How do I buy shares of Newmont?

Shares of NGT stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:NGT) was last updated on 4/26/2024 by MarketBeat.com Staff

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