Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Newmont Mining (TSE:NGT)
TSX:NGT
Holding TSE:NGT?
Track your performance easily
NGT Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$39.96 - C$81.16
Previous CloseC$60.6
Volume143.40K
Average Volume (3M)202.18K
Market Cap
C$69.06B
Enterprise ValueC$76.99B
Total Cash (Recent Filing)$3.06B
Total Debt (Recent Filing)$8.55B
Price to Earnings (P/E)―
Beta1.08
Next Earnings
Feb 20, 2025EPS Estimate
C$1.49Next Dividend Ex-Date
Nov 27, 2024Dividend Yield2.65%
Share Statistics
EPS (TTM)-2.09
Shares Outstanding1,138,450,479
10 Day Avg. Volume245,629
30 Day Avg. Volume202,180
Standard Deviation0.10
R-Squared0.06
Alpha0.00652
Financial Highlights & Ratios
Price to Book (P/B)2.30
Price to Sales (P/S)2.89
Price to Cash Flow (P/CF)7.50
P/FCF Ratio15.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.96
Enterprise Value/Gross Profit25.62
Enterprise Value/Ebitda14.22
Forecast
1Y Price Target
C$83.82Price Target Upside38.32% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
Newmont Mining News
Bulls Say, Bears Say
Bulls Say
Asset DivestitureThe sale of the Musselwhite mine exceeds its book value and aligns with Newmont's guidance for a mostly cash sale.
Capital AllocationProceeds from divestitures are being used for debt repayment and share repurchases, enhancing capital allocation priorities.
Financial PerformanceAchieving the target to reduce total debt by $1 billion strengthens the company's financial position.
Bears Say
Asset Sale ChallengesIt is difficult to use this transaction as a benchmark for other asset sales due to the unique conditions involved.
Operational RequirementsThe acquisition requires significant tailings remediation before operations can fully resume.
Transaction ImpactThe transaction is not expected to have a material impact on NEM's financial outlook.
---
Options Prices
Currently, No data available
---
Ownership Overview
0.11% Insiders
19.52% Mutual Funds
11.90% Other Institutional Investors
39.97% 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$39.96 and its highest was C$81.16 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 Feb 20, 2025 which is in 88 days.
How were Newmont Mining’s earnings last quarter?
Newmont Mining released its earnings results on Oct 23, 2024. The company reported C$1.131 earnings per share for the quarter, missing the consensus estimate of C$1.205 by -C$0.074.
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$0.35 which represents an annual dividend yield of 2.65%. See more information on Newmont Mining dividends here
What is Newmont Mining’s EPS estimate?
Newmont Mining’s EPS estimate is C$1.49.
How many shares outstanding does Newmont Mining have?
Newmont Mining has 1,138,450,400 shares outstanding.
What happened to Newmont Mining’s price movement after its last earnings report?
Newmont Mining reported an EPS of C$1.131 in its last earnings report, missing expectations of C$1.205. Following the earnings report the stock price went down -14.72%.
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 997M.
---
Newmont Mining Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
C$83.82 (38.32% Upside)
C$83.82 (38.32% Upside)
Blogger Sentiment
Bullish
TSE:NGT Sentiment 94%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 1.8M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▲ 0.2%
Last 30 Days ▲ 0.4%
Last 30 Days ▲ 0.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
18.43%
12-Months-Change
Fundamentals
Return on Equity
-5.22%
Trailing 12-Months
Asset Growth
47.50%
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.
---
NGT Company Deck
---
NGT Earnings Call
Q3 2024
0:00 / 0:00
---
NGT Revenue Breakdown
89.68% Gold
4.87% Copper
2.84% Silver
1.80% Zinc
0.81% Lead
---
NGT Stock 12 Month Forecast
Average Price Target
C$83.82
▲(38.32% Upside)
Technical Analysis
Best Analysts Covering NGT
1 Year
1 Year Success Rate
13/16 ratings generated profit
1 Year Average Return
+35.09%
reiterated a buy rating last month
Copying Matt Murphy's trades and holding each position for 1 Year would result in 81.25% of your transactions generating a profit, with an average return of +35.09% per trade.
---