FY2025 Earnings Estimate for Newmont Issued By Raymond James

Newmont Co. (TSE:NGT) – Investment analysts at Raymond James lifted their FY2025 earnings per share (EPS) estimates for shares of Newmont in a report issued on Friday, April 25th. Raymond James analyst B. Macarthur now expects that the company will earn $6.30 per share for the year, up from their prior forecast of $6.06. The consensus estimate for Newmont’s current full-year earnings is $5.51 per share. Raymond James also issued estimates for Newmont’s FY2026 earnings at $6.10 EPS.

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

Newmont Stock Down 2.0 %

Shares of Newmont stock opened at C$73.29 on Monday. The company has a quick ratio of 1.77, a current ratio of 1.96 and a debt-to-equity ratio of 30.62. The stock has a 50 day moving average price of C$68.22 and a two-hundred day moving average price of C$64.04. The stock has a market capitalization of C$58.30 billion, a P/E ratio of -48.42, a PEG ratio of 1.43 and a beta of 0.51. Newmont has a 12-month low of C$53.03 and a 12-month high of C$81.16.

About Newmont

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.