Zacks Research Issues Positive Forecast for Newmont Earnings

Newmont Co. (TSE:NGT) – Equities researchers at Zacks Research raised their FY2025 earnings estimates for Newmont in a research note issued on Tuesday, May 6th. Zacks Research analyst A. Barman now expects that the company will post earnings per share of $4.83 for the year, up from their prior forecast of $4.11. The consensus estimate for Newmont’s current full-year earnings is $5.51 per share. Zacks Research also issued estimates for Newmont’s Q1 2026 earnings at $1.14 EPS, Q2 2026 earnings at $1.09 EPS, Q3 2026 earnings at $1.32 EPS, Q4 2026 earnings at $1.30 EPS, FY2026 earnings at $4.86 EPS and Q1 2027 earnings at $1.39 EPS.

A number of other equities analysts also recently weighed in on NGT. National Bank Financial raised Newmont to a “hold” rating in a research report on Friday, March 21st. National Bankshares increased their price objective on shares of Newmont from C$75.00 to C$80.00 and gave the company a “sector perform” rating in a research report on Wednesday, March 19th. BMO Capital Markets upgraded Newmont to a “strong-buy” rating in a research note on Tuesday, April 15th. The Goldman Sachs Group raised shares of Newmont to a “strong-buy” rating in a research report on Monday, January 13th. Finally, UBS Group upgraded Newmont from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 11th. Five research analysts have rated the stock with a hold rating, one has given a buy rating and six have assigned a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Buy” and an average price target of C$62.50.

Newmont Stock Up 2.2 %

TSE:NGT opened at C$75.18 on Friday. The firm has a market capitalization of C$59.80 billion, a price-to-earnings ratio of -49.67, a price-to-earnings-growth ratio of 1.43 and a beta of 0.51. The company has a quick ratio of 1.77, a current ratio of 1.96 and a debt-to-equity ratio of 30.62. Newmont has a twelve month low of C$53.03 and a twelve month high of C$81.16. The stock’s 50 day moving average price is C$70.01 and its two-hundred day moving average price is C$63.92.

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.