Newmont Co. (TSE:NGT – Get Free Report) announced a quarterly dividend on Wednesday, July 24th, Zacks reports. Investors of record on Thursday, September 5th will be paid a dividend of 0.342 per share on Monday, September 30th. This represents a $1.37 dividend on an annualized basis and a yield of 2.16%. The ex-dividend date is Thursday, September 5th. This is a boost from Newmont’s previous quarterly dividend of $0.34.
Newmont Stock Down 4.0 %
Shares of TSE NGT opened at C$63.22 on Friday. The firm’s 50-day moving average is C$59.31 and its two-hundred day moving average is C$52.72. The company has a market capitalization of C$72.70 billion, a PE ratio of -14.14, a price-to-earnings-growth ratio of 0.78 and a beta of 0.49. Newmont has a 12-month low of C$39.96 and a 12-month high of C$66.91. The company has a debt-to-equity ratio of 32.56, a current ratio of 2.15 and a quick ratio of 1.77.
Newmont (TSE:NGT – Get Free Report) last posted its earnings results on Thursday, April 25th. The company reported C$0.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.48 by C$0.26. The firm had revenue of C$5.42 billion for the quarter, compared to analyst estimates of C$4.59 billion. Newmont had a negative return on equity of 10.98% and a negative net margin of 20.33%. Equities analysts anticipate that Newmont will post 4.5226562 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
About Newmont
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, Papua New Guinea, Ecuador, Fiji, and Ghana.
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