Newmont (TSE:NGT – Get Free Report) will announce its earnings results before the market opens on Thursday, April 25th. Analysts expect the company to announce earnings of C$0.52 per share for the quarter.
Newmont (TSE:NGT – Get Free Report) last posted its quarterly earnings results on Thursday, February 22nd. The company reported C$0.68 EPS for the quarter, missing the consensus estimate of C$0.70 by C($0.02). The business had revenue of C$5.39 billion during the quarter, compared to analyst estimates of C$4.37 billion. Newmont had a negative net margin of 21.11% and a negative return on equity of 10.23%.
Newmont Stock Up 0.7 %
NGT opened at C$53.08 on Thursday. The company has a debt-to-equity ratio of 32.67, a current ratio of 1.25 and a quick ratio of 1.77. The business has a 50 day simple moving average of C$46.91 and a 200-day simple moving average of C$49.89. The stock has a market capitalization of C$61.04 billion, a P/E ratio of -12.91, a P/E/G ratio of 0.78 and a beta of 0.54. Newmont has a 12 month low of C$39.96 and a 12 month high of C$68.15.
Newmont Cuts Dividend
Analyst Ratings Changes
Several research firms have recently commented on NGT. National Bank Financial reissued an “outperform overweight” rating on shares of Newmont in a report on Monday, April 8th. National Bankshares dropped their price objective on Newmont from C$65.00 to C$64.00 and set an “outperform” rating for the company in a research note on Tuesday, February 6th.
Check Out Our Latest Stock Analysis on Newmont
Newmont Company Profile
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.
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