Newmont Co. (NGT.TO) – What Are Investment Firms Saying About This Stock?

Shares of Newmont Co. (TSE:NGT) have been assigned an average recommendation of “Strong Buy” from the eight research firms that are presently covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating and six have assigned a strong buy rating to the company.

Separately, Stifel Nicolaus raised shares of Newmont to a “strong-buy” rating in a research report on Sunday, October 18th.

Newmont Stock Down 1.1%

Shares of TSE:NGT opened at C$116.00 on Thursday. Newmont has a 52-week low of C$53.03 and a 52-week high of C$119.73. The stock has a market cap of C$127.42 billion, a P/E ratio of 20.86, a PEG ratio of 1.43 and a beta of 0.90. The business has a fifty day moving average of C$116.00 and a two-hundred day moving average of C$116.00. The company has a quick ratio of 1.76, a current ratio of 1.63 and a debt-to-equity ratio of 29.98.

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.