Zacks Research Analysts Raise Earnings Estimates for Newmont

Newmont Co. (TSE:NGT) – Stock analysts at Zacks Research raised their Q2 2026 earnings per share estimates for Newmont in a research note issued on Wednesday, May 6th. Zacks Research analyst Team now anticipates that the company will post earnings per share of $2.96 for the quarter, up from their previous estimate of $2.95. The consensus estimate for Newmont’s current full-year earnings is $5.51 per share. Zacks Research also issued estimates for Newmont’s Q1 2027 earnings at $2.99 EPS and Q2 2027 earnings at $3.13 EPS.

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

Newmont Trading Down 1.1%

Shares of TSE:NGT opened at C$116.00 on Thursday. The company has a market cap of C$127.42 billion, a P/E ratio of 20.86, a P/E/G ratio of 1.43 and a beta of 0.90. The stock’s 50-day moving average is C$116.00 and its 200-day moving average is C$116.00. 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.

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.