Newmont (TSE:NGT – Get Free Report) will be issuing its quarterly earnings data before the market opens on Thursday, April 25th. Analysts expect the company to announce 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 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.70 by C($0.02). Newmont had a negative return on equity of 10.23% and a negative net margin of 21.11%. The business had revenue of C$5.39 billion for the quarter, compared to analysts’ expectations of C$4.37 billion.
Newmont Price Performance
Newmont stock opened at C$51.58 on Wednesday. The business has a fifty day moving average of C$47.56 and a two-hundred day moving average of C$49.98. 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. The company has a market cap of C$59.32 billion, a P/E ratio of -12.55, a price-to-earnings-growth ratio of 0.78 and a beta of 0.54.
Newmont Cuts Dividend
Wall Street Analysts Forecast Growth
Several research firms have weighed in on NGT. National Bank Financial restated an “outperform overweight” rating on shares of Newmont in a report on Monday, April 8th. National Bankshares dropped their price target on Newmont from C$71.00 to C$69.00 and set an “outperform” rating for the company in a research report on Friday, April 19th.
Check Out Our Latest Stock Report on NGT
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.
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