Zacks Research Has Negative Outlook of Newmont Q2 Earnings

Newmont Co. (TSE:NGT) – Analysts at Zacks Research reduced their Q2 2025 earnings per share (EPS) estimates for shares of Newmont in a report released on Wednesday, March 5th. Zacks Research analyst A. Barman now anticipates that the company will post earnings per share of $1.01 for the quarter, down from their previous forecast of $1.06. The consensus estimate for Newmont’s current full-year earnings is $5.51 per share. Zacks Research also issued estimates for Newmont’s Q3 2025 earnings at $1.02 EPS, Q2 2026 earnings at $1.08 EPS, Q3 2026 earnings at $1.18 EPS, Q4 2026 earnings at $1.16 EPS and FY2027 earnings at $4.96 EPS.

Several other brokerages have also commented on NGT. The Goldman Sachs Group upgraded Newmont to a “strong-buy” rating in a research report on Monday, January 13th. Citigroup reduced their price target on shares of Newmont from C$66.00 to C$45.00 and set a “buy” rating on the stock in a research report on Monday, December 23rd. Finally, CLSA upgraded shares of Newmont to a “hold” rating in a report on Friday, November 29th. Five analysts have rated the stock with a hold rating, one has given a buy rating and three have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of C$56.50.

Newmont Stock Up 0.3 %

NGT opened at C$63.04 on Monday. The business’s fifty day simple moving average is C$61.04 and its 200 day simple moving average is C$64.50. Newmont has a 52 week low of C$45.17 and a 52 week high of C$81.16. 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 market cap of C$50.15 billion, a PE ratio of -41.65, a P/E/G ratio of 1.43 and a beta of 0.51.

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.