TSE:NGT

Newmont (NGT) Stock Price, News & Analysis

C$58.11
-0.46 (-0.79%)
(As of 05/10/2024 ET)
Today's Range
C$58.07
C$59.63
50-Day Range
C$43.27
C$59.26
52-Week Range
C$39.96
C$64.14
Volume
146,570 shs
Average Volume
254,243 shs
Market Capitalization
C$66.83 billion
P/E Ratio
N/A
Dividend Yield
2.36%
Price Target
C$59.00

Newmont MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
1.5% Upside
C$59.00 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.54mentions of Newmont in the last 14 days
Based on 6 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.

0.51 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

Newmont Is Too Cheap To Ignore
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Newmont (TSE:NGT) Downgraded by National Bank Financial
Newmont: The Giant Is About To Wake Up
Newmont Corporation (NEM)
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Newmont: Redemption Has Finally Arrived
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
5/10/2024
Ex-Dividend for 6/27 Dividend
6/04/2024
Dividend Payable
6/27/2024
Next Earnings (Estimated)
7/18/2024

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$59.00
High Stock Price Target
C$68.00
Low Stock Price Target
C$50.00
Potential Upside/Downside
+0.9%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
C$-2,690,000,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$13.16 billion
Cash Flow
C$4.36 per share
Book Value
C$25.06 per share

Miscellaneous

Outstanding Shares
1,150,000,000
Free Float
N/A
Market Cap
C$67.26 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 analysts have issued "buy," "hold," and "sell" ratings for Newmont in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" NGT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NGT, but not buy additional shares or sell existing shares.
View NGT analyst ratings
or view top-rated stocks.

What is Newmont's stock price target for 2024?

2 equities research analysts have issued twelve-month target prices for Newmont's shares. Their NGT share price targets range from C$50.00 to C$68.00. On average, they predict the company's stock price to reach C$59.00 in the next twelve months. This suggests a possible upside of 1.5% 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 shares have increased by 5.9% and is now trading at C$58.11.
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, July 18th 2024.
View our NGT earnings forecast
.

How were Newmont's earnings last quarter?

Newmont Co. (TSE:NGT) released its quarterly earnings data on Thursday, February, 22nd. The company reported $0.68 EPS for the quarter, missing analysts' consensus estimates of $0.70 by $0.02. The business earned $5.39 billion during the quarter, compared to analysts' expectations of $4.37 billion. Newmont had a negative trailing twelve-month return on equity of 10.98% and a negative net margin of 20.33%.

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

Newmont declared a quarterly dividend on Thursday, April 25th. Stockholders of record on Tuesday, June 4th will be paid a dividend of 0.338 per share on Thursday, June 27th. This represents a $1.35 annualized dividend and a dividend yield of 2.33%. The ex-dividend date is Tuesday, June 4th. This is a boost from the stock's previous quarterly dividend of C$0.34.
Read our dividend analysis for NGT
.

Is Newmont a good dividend stock?

Newmont (TSE:NGT) pays an annual dividend of C$1.37 per share and currently has a dividend yield of 2.46%.
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 5/10/2024 by MarketBeat.com Staff

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