Top-Analysts PicksInvest alongside the top 15% of Wall Street analysts.

Try Top-Picks
Newmont Corporation Banner

Newmont Corporation

NGT.TO Stock Analysis

Page title

Section title

Dividend Score

Dividend Score ranks stocks based on metrics important to dividend investors, helping you identify companies with a history of consistent dividends and the financial strength

0

Dividend Stability

NGT.TO has shown inconsistent dividend payments over the past 5 years with 2 cuts over 5%.

Dividend Growth

NGT.TO's dividend payments have increased by 12.296% annually over the last 5 years.

Earnings Growth

NGT.TO's earnings have shown very poor growth, shrinking by -37.783% over the last 5 years. Poor earnings growth or decline indicates potential struggles to maintain dividend levels, which may lead to cuts and affect overall returns.

Premium Crown

Unlock Dividend Score

Upgrade to Serious Investor for a data-driven dividend score with 88% accuracy in predicting cuts, giving you a competitive advantage.

Upgrade to Super Investor

About Newmont Corporation

Gold
Basic Materials

Newmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. As of December 31, 2021, it had proven and probable gold reserves of 92.8 million ounces and land position of 62,800 square kilometers. The company was founded in 1916 and is headquartered in Denver, Colorado.

Newmont Corporation Key Metrics

Market Cap
$83B
52 Weeks Low
$39.96
52 Weeks High
$74.47
Dividend Yield
1.85%
P/E
-31.10x
P/S
4.11x

Upcoming Events

  • Dividend Payment

Newmont Corporation Dividends

Dividend Yield
1.85%
Payout Ratio
53.99%
Dividend Amount Per Share
$1.15
Last Ex-Dividend Date
Sep 05, 2024

NGT.TO Dividend Safety

NGT.TO paid out 53.99% of its -$2B earnings as dividends over the last 12 months.

Safe

  1. Very Unsafe

  2. Unsafe

  3. Somewhat Safe

  4. Safe

  5. Very Safe

Dividend Payout Ratio

NGT.TO's Dividend Payout Ratio of 53.99% is considered safe for the Basic Materials sector, indicating that the company retains enough earnings to support business growth.

Interest Rate Coverage

NGT.TO's Interest Coverage Ratio of 6.745 indicates strong financial health with easy coverage of interest expenses.

Income Quality

NGT.TO demonstrates poor income quality with a ratio of -1.12. This indicates low-quality earnings and high risk of dividend cuts.

NGT.TO Dividend Growth

Newmont Corporation(NGT.TO) offers a dividend yield of 1.85% and pays $1.15 in dividends per share. Explore the historical dividend growth of NGT.TO.

Dividend Stability

NGT.TO has shown inconsistent dividend payments over the past 5 years with 2 cuts over 5%.

Dividend Growth

NGT.TO's dividend payments have increased by 12.296% annually over the last 5 years.

Earnings Growth

NGT.TO's earnings have shown very poor growth, shrinking by -37.783% over the last 5 years. Poor earnings growth or decline indicates potential struggles to maintain dividend levels, which may lead to cuts and affect overall returns.

More on Dividends

NGT.TO Analyst Forecasts

‌
‌

NGT.TO Financials

NGT.TO Income Statement Key Metrics

  • Revenue(TTM)14.88 B
  • Gross Profit(TTM)4.44 B
  • EBITDA(TTM)4.69 B
  • Net Income(TTM)-1.98 B
  • EPS Diluted(TTM)-2.15

Decode NGT.TO's Latest Earnings Call with Ease

Tap 'Generate' for a crystal-clear,
AI-crafted summary and stay ahead in the investment game!

NGT.TO earnings and revenue history

Gross Profit Margin vs Peers

Profit margin ratio of NGT.TO (0.254) is lower than the average of its peers (0.350).

Net Profit Margin vs Peers

Net profit margin ratio of NGT.TO (-0.211) is lower than the average of its peers (0.084).

NGT.TO Return on Equity

See how efficiently NGT.TO generates profit for it's shareholders.

-8.59%

10
0
100

  1. Poor

  2. Average

  3. Strong

Return on Equity vs Peers

Return on Equity ratio of NGT.TO (-0.086) is lower than the average of its peers (0.017).

Return on Equity Growth

NGT.TO's Return on Equity has shown poor growth over the past 10 years, increasing by only -5.68%.

NGT.TO Revenue Growth

See how NGT.TO has grown it's revenue over the past 10 years.

‌

Revenue Growth

NGT.TO's revenue has shown poor growth over the past 10 years, increasing by only 4.94%.