Analysts Set Expectations for Newmont Q1 Earnings

Newmont Co. (TSE:NGT) – Equities research analysts at National Bank Financial issued their Q1 2025 earnings estimates for Newmont in a research note issued on Tuesday, April 22nd. National Bank Financial analyst S. Nagle forecasts that the company will earn $1.39 per share for the quarter. National Bank Financial currently has a “Hold” rating on the stock. The consensus estimate for Newmont’s current full-year earnings is $5.51 per share. National Bank Financial also issued estimates for Newmont’s FY2026 earnings at $7.60 EPS.

Several other research firms have also recently weighed in on NGT. The Goldman Sachs Group raised Newmont to a “strong-buy” rating in a report on Monday, January 13th. BMO Capital Markets raised shares of Newmont to a “strong-buy” rating in a report on Tuesday, April 15th. National Bankshares lifted their price target on shares of Newmont from C$75.00 to C$80.00 and gave the company a “sector perform” rating in a research report on Wednesday, March 19th. Finally, UBS Group raised Newmont from a “hold” rating to a “strong-buy” rating in a research report on Friday, April 11th. Five investment analysts have rated the stock with a hold rating, one has given a buy rating and five have assigned a strong buy rating to the stock. According to data from MarketBeat.com, Newmont has an average rating of “Buy” and a consensus price target of C$62.50.

Newmont Stock Up 4.8 %

Shares of NGT opened at C$77.22 on Friday. The firm’s 50-day simple moving average is C$67.82 and its 200 day simple moving average is C$64.06. The company has a debt-to-equity ratio of 30.62, a quick ratio of 1.77 and a current ratio of 1.96. The firm has a market cap of C$61.42 billion, a P/E ratio of -51.02, a price-to-earnings-growth ratio of 1.43 and a beta of 0.51. Newmont has a 52 week low of C$53.03 and a 52 week 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.