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Newmont Mining (TSE:NGT)
TSX:NGT
Newmont Mining (NGT) Stock Price & Analysis
231 Followers
NGT Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$39.41 - C$65.43
Previous CloseC$64.78
Volume200.04K
Average Volume (3M)189.35K
Market Cap
C$74.80B
Enterprise ValueC$84.03B
Total Cash (Recent Filing)$2.36B
Total Debt (Recent Filing)$8.93B
Price to Earnings (P/E)―
Beta0.77
Next Earnings
Jul 24, 2024EPS Estimate
C$0.9Last Dividend Ex-Date
Jun 04, 2024Dividend Yield2.74%
Share Statistics
EPS (TTM)-3.66
Shares Outstanding1,153,140,195
10 Day Avg. Volume144,095
30 Day Avg. Volume189,353
Standard Deviation0.10
R-Squared0.05
Alpha0.00812
Financial Highlights & Ratios
Price to Book (P/B)1.87
Price to Sales (P/S)5.65
Price to Cash Flow (P/CF)15.70
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue7.07
Enterprise Value/Gross Profit27.96
Enterprise Value/Ebitda23.47
Forecast
1Y Price Target
C$68.83Price Target Upside6.38% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
Newmont Mining News
Bulls Say, Bears Say
Bulls Say
EarningsNewmont beat expectations for production, cost, and earnings which should support stronger confidence in the gold sector.
Financial PerformanceNewmont, a large and diversified miner with industry-leading capital returns, offers stability, a strong management team, and a conservative corporate strategy, which are attractive to many gold and generalist investors.
Project DevelopmentThe integration of the NCM assets into the NEM portfolio has been very effective.
Bears Say
CostsCosts per ounce at Nevada Gold Mines are slightly above the mid-point of full-year guidance.
Financial PerformanceEstimated costs at Turquoise Ridge have been raised above the guidance range, negatively impacting the Newmont target.
ProductionPueblo Viejo production was light and costs were high as compared to full-year guidance.
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Options Prices
Currently, No data available
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Ownership Overview
0.48% Insiders
20.22% Mutual Funds
27.98% Other Institutional Investors
51.32% Public Companies and
Individual Investors
NGT FAQ
What was Newmont Mining’s price range in the past 12 months?
Newmont Mining lowest stock price was C$39.41 and its highest was C$65.43 in the past 12 months.
What is Newmont Mining’s market cap?
Currently, no data Available
When is Newmont Mining’s upcoming earnings report date?
Newmont Mining’s upcoming earnings report date is Jul 24, 2024 which is in 7 days.
How were Newmont Mining’s earnings last quarter?
Newmont Mining released its earnings results on Apr 25, 2024. The company reported C$0.751 earnings per share for the quarter, beating the consensus estimate of C$0.49 by C$0.261.
Is Newmont Mining overvalued?
According to Wall Street analysts Newmont Mining’s price is currently Undervalued.
Does Newmont Mining pay dividends?
Newmont Mining pays a Quarterly dividend of C$0.34 which represents an annual dividend yield of 2.74%. See more information on Newmont Mining dividends here
What is Newmont Mining’s EPS estimate?
Newmont Mining’s EPS estimate is C$0.9.
How many shares outstanding does Newmont Mining have?
Newmont Mining has 1,153,140,100 shares outstanding.
What happened to Newmont Mining’s price movement after its last earnings report?
Newmont Mining reported an EPS of C$0.751 in its last earnings report, beating expectations of C$0.49. Following the earnings report the stock price went up 12.087%.
Which hedge fund is a major shareholder of Newmont Mining?
Among the largest hedge funds holding Newmont Mining’s share is First Eagle Investment Management LLC. It holds Newmont Mining’s shares valued at 627M.
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Newmont Mining Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
C$68.83 (6.38% Upside)
C$68.83 (6.38% Upside)
Blogger Sentiment
Bullish
TSE:NGT Sentiment 89%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 5.0M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.5%
Last 30 Days ▼ 1.3%
Last 30 Days ▼ 1.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
8.73%
12-Months-Change
Fundamentals
Return on Equity
-11.08%
Trailing 12-Months
Asset Growth
44.20%
Trailing 12-Months
Company Description
Newmont Mining
Newmont Corporation is a mining company and has the world’s largest gold reserve base in the industry. It engages in the exploration and production of gold, copper, silver, zinc, and lead.
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NGT Company Deck
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NGT Earnings Call
Q1 2024
0:00 / 0:00
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NGT Revenue Breakdown
89.68% Gold
4.87% Copper
2.84% Silver
1.80% Zinc
0.81% Lead
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NGT Stock 12 Month Forecast
Average Price Target
C$68.83
▲(6.38% Upside)
Technical Analysis
Newmont Mining
―
Freeport-McMoRan
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Barrick Gold
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Agnico Eagle
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Compania de Minas Buenaventura SAA
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Best Analysts Covering NGT
1 Year
1 Year Success Rate
14/14 ratings generated profit
1 Year Average Return
+44.27%
reiterated a buy rating 7 days ago
Copying Matt Murphy's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +44.27% per trade.
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