Shares of Newmont Co. (TSE:NGT – Get Free Report) have been assigned a consensus recommendation of “Strong Buy” from the nine analysts that are covering the company, Marketbeat reports. Two research analysts have rated the stock with a hold rating and seven have assigned a strong buy rating to the company.
Separately, Stifel Nicolaus upgraded Newmont to a “strong-buy” rating in a research report on Sunday.
Newmont Stock Performance
Shares of NGT stock opened at C$116.00 on Thursday. Newmont has a 12-month low of C$53.03 and a 12-month high of C$119.73. The company has a debt-to-equity ratio of 29.98, a current ratio of 1.63 and a quick ratio of 1.76. The firm has a market capitalization of C$127.42 billion, a price-to-earnings ratio of 20.86, a price-to-earnings-growth ratio of 1.43 and a beta of 0.90. The business has a 50 day simple moving average of C$116.00 and a 200 day simple moving average of C$116.00.
About Newmont
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.
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