National Bank Financial Forecasts Newmont FY2026 Earnings

Newmont Co. (TSE:NGT) – National Bank Financial increased their FY2026 earnings per share (EPS) estimates for Newmont in a note issued to investors on Tuesday, September 23rd. National Bank Financial analyst S. Nagle now forecasts that the company will post earnings per share of $10.54 for the year, up from their previous forecast of $10.05. National Bank Financial has a “Strong-Buy” rating on the stock. The consensus estimate for Newmont’s current full-year earnings is $5.51 per share.

A number of other research analysts have also weighed in on the stock. Stifel Canada raised shares of Newmont to a “strong-buy” rating in a research report on Tuesday, July 8th. National Bankshares boosted their price objective on Newmont from C$110.00 to C$125.00 and gave the stock an “outperform” rating in a research report on Monday. The Goldman Sachs Group downgraded Newmont from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 8th. Royal Bank Of Canada raised Newmont from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, September 10th. Finally, BNP Paribas cut Newmont from a “strong-buy” rating to a “hold” rating in a research report on Thursday, September 4th. Five investment analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of C$85.00.

Newmont Price Performance

TSE NGT opened at C$116.00 on Thursday. Newmont has a 1 year low of C$53.03 and a 1 year high of C$119.73. The company has a fifty day simple moving average of C$98.50 and a 200 day simple moving average of C$82.23. The company has a current ratio of 1.96, a quick ratio of 1.77 and a debt-to-equity ratio of 30.62. The company has a market cap of C$127.42 billion, a P/E ratio of 20.86, a P/E/G ratio of 1.43 and a beta of 0.90.

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.