Newmont FY2025 EPS Boosted by National Bank Financial

Newmont Co. (TSE:NGT) – Stock analysts at National Bank Financial increased their FY2025 earnings per share (EPS) estimates for shares of Newmont in a research report issued to clients and investors on Tuesday, July 15th. National Bank Financial analyst S. Nagle now forecasts that the company will earn $7.12 per share for the year, up from their previous forecast of $6.34. National Bank Financial has a “Hold” rating on the stock. The consensus estimate for Newmont’s current full-year earnings is $5.51 per share. National Bank Financial also issued estimates for Newmont’s FY2025 earnings at $7.12 EPS and FY2026 earnings at $8.89 EPS.

Several other equities research analysts have also recently weighed in on NGT. Cfra Research upgraded Newmont to a “strong-buy” rating in a report on Friday, April 25th. BMO Capital Markets raised Newmont to a “strong-buy” rating in a research report on Tuesday, April 15th. UBS Group raised Newmont from a “hold” rating to a “strong-buy” rating in a research report on Friday, April 11th. The Goldman Sachs Group lowered Newmont from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 8th. Finally, Stifel Canada upgraded Newmont to a “strong-buy” rating in a research note on Tuesday, July 8th. Six research analysts have rated the stock with a hold rating, one has assigned a buy rating and five have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of C$62.50.

Newmont Trading Up 0.2%

TSE NGT opened at C$79.86 on Friday. Newmont has a fifty-two week low of C$53.03 and a fifty-two week high of C$83.74. The company has a debt-to-equity ratio of 30.62, a quick ratio of 1.77 and a current ratio of 1.96. The stock has a 50 day simple moving average of C$76.56 and a two-hundred day simple moving average of C$69.55. The stock has a market cap of C$63.52 billion, a P/E ratio of -52.76, a price-to-earnings-growth ratio of 1.43 and a beta of 0.51.

Newmont Company Profile

Newmont Corp is primarily a gold producer with operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. It is also engaged in the production of copper, silver, lead and zinc. The company’s operations are organized in five geographic regions: North America, South America, Australia, Africa and Nevada.