FY2026 Earnings Estimate for Newmont Issued By Scotiabank

Newmont Co. (TSE:NGT) – Equities research analysts at Scotiabank boosted their FY2026 EPS estimates for Newmont in a research report issued to clients and investors on Friday, May 1st. Scotiabank analyst T. Jakusconek now forecasts that the company will post earnings of $11.88 per share for the year, up from their prior estimate of $11.56. The consensus estimate for Newmont’s current full-year earnings is $5.51 per share. Scotiabank also issued estimates for Newmont’s FY2027 earnings at $12.48 EPS.

A number of other brokerages have also recently issued reports on NGT. Sanford C. Bernstein raised shares of Newmont from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 27th. Citigroup raised shares of Newmont to a “strong-buy” rating in a research report on Monday, January 12th. National Bank Financial cut shares of Newmont from a “strong-buy” rating to a “hold” rating in a research report on Thursday, April 16th. Finally, DZ Bank raised shares of Newmont to a “strong-buy” rating in a research report on Monday, January 19th. Eight equities research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Newmont presently has an average rating of “Strong Buy” and an average price target of C$125.00.

Newmont Trading Down 1.1%

Shares of Newmont stock opened at C$116.00 on Tuesday. The firm has a 50-day moving average of C$116.00 and a 200-day moving average of C$116.00. The stock has a market cap of C$127.42 billion, a PE ratio of 20.86, a PEG ratio of 1.43 and a beta of 0.90. Newmont has a 52-week low of C$53.03 and a 52-week high of C$119.73. The company has a debt-to-equity ratio of 23.69, a quick ratio of 1.77 and a current ratio of 2.23.

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.