Newmont (TSE:NGT – Get Free Report) will be releasing its earnings data before the market opens on Thursday, April 25th. Analysts expect Newmont to post earnings of C$0.52 per share for the quarter.
Newmont (TSE:NGT – Get Free Report) last issued its earnings results on Thursday, February 22nd. The company reported C$0.68 EPS for the quarter, missing analysts’ consensus estimates of C$0.70 by C($0.02). The company had revenue of C$5.39 billion for the quarter, compared to analysts’ expectations of C$4.37 billion. Newmont had a negative return on equity of 10.23% and a negative net margin of 21.11%.
Newmont Stock Performance
Shares of TSE:NGT opened at C$53.08 on Thursday. The firm has a market cap of C$61.04 billion, a PE ratio of -12.91, a price-to-earnings-growth ratio of 0.78 and a beta of 0.54. The firm’s 50 day simple moving average is C$46.91 and its 200-day simple moving average is C$49.89. Newmont has a one year low of C$39.96 and a one year high of C$68.15. The company has a debt-to-equity ratio of 32.67, a quick ratio of 1.77 and a current ratio of 1.25.
Newmont Cuts Dividend
Analyst Ratings Changes
A number of research firms have recently issued reports on NGT. National Bank Financial reiterated an “outperform overweight” rating on shares of Newmont in a research note on Monday, April 8th. National Bankshares dropped their price objective on shares of Newmont from C$65.00 to C$64.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 6th.
Check Out Our Latest Research Report on NGT
Newmont Company Profile
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.
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