Stifel Canada Comments on Newmont’s Q3 Earnings (TSE:NGT)

Newmont Co. (TSE:NGT) – Research analysts at Stifel Canada raised their Q3 2025 earnings estimates for shares of Newmont in a research note issued to investors on Monday, October 20th. Stifel Canada analyst R. Profiti now forecasts that the company will earn $2.03 per share for the quarter, up from their previous estimate of $1.86. Stifel Canada has a “Strong-Buy” rating on the stock. The consensus estimate for Newmont’s current full-year earnings is $5.51 per share.

Other equities research analysts have also recently issued research reports about the stock. National Bank Financial raised shares of Newmont from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 25th. BNP Paribas cut shares of Newmont from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 4th. Cibc World Mkts raised shares of Newmont from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 10th. Macquarie cut shares of Newmont from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 2nd. Finally, The Goldman Sachs Group raised shares of Newmont from a “hold” rating to a “strong-buy” rating in a research note on Sunday, October 12th. Seven research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of C$85.00.

Newmont Price Performance

Shares of TSE NGT opened at C$116.00 on Wednesday. The stock has a market capitalization of C$127.42 billion, a price-to-earnings ratio of 20.86, a PEG ratio of 1.43 and a beta of 0.90. Newmont has a 12 month low of C$53.03 and a 12 month high of C$119.73. The firm’s 50 day simple moving average is C$108.90 and its 200-day simple moving average is C$88.61. The company has a debt-to-equity ratio of 30.62, a current ratio of 1.96 and a quick ratio of 1.77.

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.