Newmont Goldcorp Corp (NGT: CA), one of the world’s leading gold producers, continues to attract investor attention as it prepares to unveil its financial performance for the first quarter of 2025.
The company’s diversified global operations and strategic expansion initiatives make it a key player in the mining industry.
Expected Quarterly Earnings Report of Newmont Goldcorp Corp:
Newmont Goldcorp Corp has scheduled its Q1 2025 earnings release for April 24, 2025, after market close. Analysts project a year-over-year earnings per share (EPS) increase, reflecting higher gold output and stable commodity pricing.
The last reported earnings indicated strong performance, with an adjusted net income of $1.591 billion in Q4 2024, driven by higher production and record free cash flows of $1.6 billion.
Stock Target Advisor’s Analysis on Newmont Goldcorp Corp:
Stock Target Advisor has issued a Neutral rating for Newmont Goldcorp Corp, balancing 7 positive and 7 negative fundamental signals.
The current stock price is CAD 75.98, while the average analyst target is CAD 67.50, indicating a potential 12-month downside of approximately -5.24% based on Stock Target Advisor’s valuation model.
Conclusion:
Newmont Goldcorp Corp remains a formidable presence in the mining industry, bolstered by a solid operational base and robust financial health. While analysts expect promising Q1 2025 results, valuation concerns and sector headwinds warrant a measured approach.
Investors should keep a close eye on the April 24 earnings call for deeper insights into the company’s forward guidance and capital allocation strategies.
Muzzammil is a content writer at Stock Target Advisor. He has been writing stock news and analysis at Stock Target Advisor since 2023 and has worked in the financial domain in various roles since 2020. He has previously worked on an equity research firm that analyzed companies listed on the stock markets in the U.S. and Canada and performed fundamental and qualitative analyses of management strength, business strategy, and product/services forecast as indicated by major brokers covering the stock.
