Brokers Issue Forecasts for Newmont’s Q3 Earnings (TSE:NGT)

Newmont Co. (TSE:NGT) – Investment analysts at Zacks Research upped their Q3 2026 EPS estimates for Newmont in a note issued to investors on Thursday, March 5th. Zacks Research analyst Team now expects that the company will earn $2.37 per share for the quarter, up from their prior forecast of $2.20. The consensus estimate for Newmont’s current full-year earnings is $5.51 per share. Zacks Research also issued estimates for Newmont’s Q4 2026 earnings at $2.53 EPS.

Several other research firms have also recently commented on NGT. Sanford C. Bernstein raised Newmont from a “hold” rating to a “strong-buy” rating in a report on Friday, February 27th. Macquarie Infrastructure upgraded Newmont from a “hold” rating to a “strong-buy” rating in a report on Friday, December 5th. BNP Paribas Exane cut shares of Newmont from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 5th. DZ Bank upgraded shares of Newmont to a “strong-buy” rating in a research report on Monday, January 19th. Finally, Citigroup upgraded shares of Newmont to a “strong-buy” rating in a report on Monday, January 12th. Eleven equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Strong Buy” and an average price target of C$125.00.

Newmont Stock Down 1.1%

NGT stock opened at C$116.00 on Friday. The company has a current ratio of 2.23, a quick ratio of 1.77 and a debt-to-equity ratio of 23.69. The firm has a 50-day moving average of C$116.00 and a two-hundred day moving average of C$113.83. Newmont has a 12 month low of C$53.03 and a 12 month high of C$119.73. The company has a market cap of C$127.42 billion, a price-to-earnings ratio of 20.86, a PEG ratio of 1.43 and a beta of 0.90.

Newmont Company Profile

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.