TSE:NGT Newmont (NGT) Stock Price, News & Analysis → Exposed: How Big Banks Plan to Chain Your Wealth with Digital Dollars (From GoldenCrest Metals) (Ad) Free NGT Stock Alerts C$51.35 -0.23 (-0.45%) (As of 09:39 AM ET) Add Compare Share Share Today's RangeC$51.14▼C$51.5850-Day RangeC$40.44▼C$53.9152-Week RangeC$39.96▼C$68.15Volume18,208 shsAverage Volume241,768 shsMarket CapitalizationC$59.05 billionP/E RatioN/ADividend Yield2.65%Price TargetC$59.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlines Get Newmont alerts: Email Address Newmont MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside15.4% UpsideC$59.50 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.28Based on 22 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details 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.1.46 out of 5 stars 2.3 Analyst's Opinion Consensus RatingNewmont has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Amount of Analyst CoverageNewmont has only been the subject of 2 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for NGT. Previous Next 0.8 Dividend Strength Dividend YieldNewmont pays a meaningful dividend of 2.55%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthNewmont does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for NGT. Previous Next 2.9 News and Social Media Coverage News SentimentNewmont has a news sentiment score of 0.28. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 22 news articles for Newmont this week, compared to 1 article on an average week.Search Interest10 people have searched for NGT on MarketBeat in the last 30 days. This is an increase of 11% compared to the previous 30 days.MarketBeat Follows1 people have added Newmont to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Newmont insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.09% of the stock of Newmont is held by insiders.Percentage Held by Institutions71.58% of the stock of Newmont is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Newmont is -12.55, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Newmont is -12.55, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioNewmont has a PEG Ratio of 0.78. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioNewmont has a P/B Ratio of 2.05. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad GoldenCrest MetalsExposed: How Big Banks Plan to Chain Your Wealth with Digital DollarsBig Banks have declared war on your wallet. But it's not too late to fight back. Discover how to protect your assets from their latest maneuver.Learn More Now 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.Read More NGT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NGT Stock News HeadlinesApril 22, 2024 | americanbankingnews.comNewmont Co. to Post Q1 2024 Earnings of $0.52 Per Share, National Bank Financial Forecasts (TSE:NGT)April 21, 2024 | seekingalpha.comNewmont: The Giant Is About To Wake UpApril 24, 2024 | GoldenCrest Metals (Ad)Exposed: How Big Banks Plan to Chain Your Wealth with Digital DollarsBig Banks have declared war on your wallet. But it's not too late to fight back. Discover how to protect your assets from their latest maneuver.April 21, 2024 | americanbankingnews.comNational Bankshares Lowers Newmont (TSE:NGT) Price Target to C$69.00April 20, 2024 | finance.yahoo.comNewmont Corporation (NEM)April 20, 2024 | americanbankingnews.comNewmont Co. to Post Q1 2024 Earnings of $0.48 Per Share, Raymond James Forecasts (TSE:NGT)April 19, 2024 | seekingalpha.comNewmont: Redemption Has Finally ArrivedApril 19, 2024 | seekingalpha.comNewmont: Limited Upside As Skyrocketing Costs Offset Rising Prices (Rating Downgrade)April 24, 2024 | GoldenCrest Metals (Ad)Exposed: How Big Banks Plan to Chain Your Wealth with Digital DollarsBig Banks have declared war on your wallet. But it's not too late to fight back. Discover how to protect your assets from their latest maneuver.April 19, 2024 | americanbankingnews.comRaymond James Equities Analysts Lower Earnings Estimates for Newmont Co. (TSE:NGT)April 18, 2024 | americanbankingnews.comNewmont (NGT) to Release Earnings on ThursdayApril 9, 2024 | baystreet.caTop Reasons Why Gold Could Rally to $2,500 this YearMarch 22, 2024 | msn.comNewmont's Akyem gold mine in Ghana draws Chinese interest - BloombergMarch 11, 2024 | seekingalpha.comNewmont Stock: A "Once-In-A-Generation" BuyMarch 4, 2024 | finance.yahoo.comNewmont Announces Offering of Notes to Repay Outstanding Borrowings Under Revolving Credit FacilityFebruary 23, 2024 | ca.finance.yahoo.comNEM Mar 2024 30.000 putFebruary 22, 2024 | ca.finance.yahoo.comNEM Apr 2024 32.000 putFebruary 21, 2024 | ca.finance.yahoo.comIs Newmont Mining Stock a Good Buy Right Now?February 21, 2024 | seekingalpha.comWhat Gold Mining Companies Are Telling Their InvestorsFebruary 14, 2024 | seekingalpha.comTracking Mario Gabelli's Gabelli Funds 13F Portfolio - Q4 2023 UpdateFebruary 14, 2024 | finance.yahoo.comNEM Jun 2024 37.500 callFebruary 13, 2024 | finance.yahoo.comNEM Jun 2024 22.500 putFebruary 13, 2024 | finance.yahoo.comNEM Mar 2024 27.500 putFebruary 13, 2024 | finance.yahoo.comNEM Feb 2024 44.000 callFebruary 13, 2024 | finance.yahoo.comNEM Feb 2024 50.000 putFebruary 10, 2024 | seekingalpha.comNewmont: Asymmetric Risk/Reward Makes It A Strong Buy HereJanuary 24, 2024 | businesswire.comNewmont rafforza il team dirigente con la nomina dell'esperto del settore Peter Wexler a Chief Legal OfficerSee More Headlines Receive NGT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Newmont and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/22/2024Ex-Dividend for 3/28 Dividend3/04/2024Dividend Payable3/28/2024Today4/23/2024Next Earnings (Confirmed)4/25/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorBasic Materials Industry Gold Sub-IndustryN/A Current SymbolTSE:NGT CUSIPN/A CIKN/A Webwww.newmontgoldcorp.com Phone303-863-7414FaxN/AEmployees21,700Year FoundedN/APrice Target and Rating Average Stock Price TargetC$59.50 High Stock Price TargetC$69.00 Low Stock Price TargetC$50.00 Potential Upside/Downside+15.4%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)C($4.11) Trailing P/E RatioN/A Forward P/E Ratio14.82 P/E Growth0.78Net IncomeC$-2,520,000,000.00 Net Margins-21.11% Pretax MarginN/A Return on Equity-10.23% Return on Assets0.94% Debt Debt-to-Equity Ratio32.67 Current Ratio1.25 Quick Ratio1.77 Sales & Book Value Annual SalesC$11.81 billion Price / Sales5.02 Cash FlowC$3.85 per share Price / Cash Flow13.40 Book ValueC$25.18 per share Price / Book2.05Miscellaneous Outstanding Shares1,150,000,000Free FloatN/AMarket CapC$59.32 billion OptionableNot Optionable Beta0.54 The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.Get This Free Report Key ExecutivesMr. Thomas Ronald Palmer (Age 56)President, CEO & Director Comp: $3.03MMr. Robert D. Atkinson (Age 53)Executive VP & COO Comp: $1.62MMr. Peter Ivan Toth BBus (IB) (Age 54)MIB, Executive VP & Chief Development Officer Comp: $1.35MMr. Joshua L. Cage (Age 49)Acting VP, Chief Accounting Officer & Controller Mr. Dean R. Gehring (Age 55)Executive VP, Chief Integration Officer & CTO Neil BackhouseGroup Head of Investor RelationsMr. Peter Wexler J.D.Executive VP & Chief Legal OfficerMs. 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 More ExecutivesKey CompetitorsAgnico Eagle MinesTSE:AEMBarrick GoldTSE:ABXWheaton Precious MetalsTSE:WPMFranco-NevadaTSE:FNVNutrienTSE:NTRView All Competitors Should I Buy Newmont Stock? NGT Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Newmont Co.: Newmont Co. has a strong presence in multiple countries, providing geographic diversification which can help mitigate risks associated with operating in a single region. The company engages in the production and exploration of gold, copper, silver, zinc, and lead, offering exposure to multiple valuable commodities. Newmont Co. has a significant amount of proven and probable gold reserves, indicating a stable resource base for future production. With a current dividend yield of 2.93%, investors can benefit from a steady income stream from Newmont Co.'s dividend payments. Despite recent fluctuations, Newmont Co.'s stock price has shown resilience, making it an attractive option for investors seeking stability in their portfolio. Cons Investors should be bearish about investing in Newmont Co. for these reasons: Newmont Co.'s payout ratio is currently negative, indicating that the company is paying out more in dividends than it is earning, which could raise concerns about sustainability. The company's debt-to-equity ratio is quite high at 32.67, suggesting a significant reliance on debt financing which may pose risks during economic downturns or interest rate hikes. Analysts have revised down earnings estimates for Newmont Co., signaling potential challenges in the company's financial performance in the near term. Newmont Co.'s stock has experienced a decline in its 50-day and 200-day moving averages, indicating a downward trend that investors should consider before making investment decisions. Recent comments from analysts have raised concerns about Newmont Co.'s earnings outlook, which could impact investor sentiment and stock performance. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, April 12, 2024. Please send any questions or comments about these Newmont pros and cons to contact@marketbeat.com. NGT Stock Analysis - Frequently Asked Questions Should I buy or sell Newmont stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Newmont in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities 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 brokerages have issued 12 month target prices for Newmont's stock. Their NGT share price targets range from C$50.00 to C$69.00. On average, they predict the company's share price to reach C$59.50 in the next year. This suggests a possible upside of 15.4% 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 on January 1st, 2024. Since then, NGT stock has decreased by 6.0% and is now trading at C$51.58. View the best growth stocks for 2024 here. When is Newmont's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024. View our NGT earnings forecast. How were Newmont's earnings last quarter? Newmont Co. (TSE:NGT) issued its quarterly earnings results on Thursday, February, 22nd. The company reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.70 by $0.02. The business had revenue of $5.39 billion for the quarter, compared to analysts' expectations of $4.37 billion. Newmont had a negative trailing twelve-month return on equity of 10.23% and a negative net margin of 21.11%. How often does Newmont pay dividends? What is the dividend yield for Newmont? Newmont announced a quarterly dividend on Thursday, February 22nd. Stockholders 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 annualized dividend and a dividend yield of 2.61%. 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. 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