Goldman Sachs Adjusts Newmont Price Target to $59.70 From $48.60, Maintains Buy Rating (2025)

Market Closed - Nyse

Other stock markets

04:00:02 2025-04-03 pm EDT
5-day change 1st Jan Change
48.33 USD -0.82% Goldman Sachs Adjusts Newmont Price Target to $59.70 From $48.60, Maintains Buy Rating (1) +1.98% +29.85%
Apr. 03 Goldman Sachs Adjusts Newmont Price Target to $59.70 From $48.60, Maintains Buy Rating MT
Apr. 02 Citigroup Adjusts Price Target on Newmont to $60 From $45, Maintains Buy Rating MT

April 03, 2025 at 11:08 am EDT

Share

Goldman Sachs Adjusts Newmont Price Target to $59.70 From $48.60, Maintains Buy Rating (2)This article is reserved for members

Unlock the article: REGISTER NOW!

100% Free Registration

Already a customer? Log In

Share

Goldman Sachs Adjusts Newmont Price Target to $59.70 From $48.60, Maintains Buy Rating (3)

© MT Newswires - 2025

Latest news about Newmont Corporation

Goldman Sachs Adjusts Newmont Price Target to $59.70 From $48.60, Maintains Buy Rating Apr. 03 MT
Citigroup Adjusts Price Target on Newmont to $60 From $45, Maintains Buy Rating Apr. 02 MT
Raymond James Adjusts Newmont Price Target to $54 From $53, Maintains Outperform Rating Apr. 02 MT
National Bank Financial Adjusts Newmont PT to CA$86 From CA$80, Maintains Sector Perform Rating Apr. 02 MT
Patagonia Gold Gives Newmont Option to Buy Gold-Silver Assets in Argentina for US$1.5 Million Apr. 02 MT
Patagonia Gold Enters Into Option Agreement With Newmont Corporation Apr. 02 RE
Patagonia Gold Brief: Entering Into Option Agreement With Newmont Corporation Apr. 02 MT
SSR Mining Provides 2025 Operating Guidance Mar. 31 MT
SSR Mining Up in U.S. Pre-Market After Providing 2025 Operating Guidance Mar. 31 MT
West Red Lake Gold Board Director Tony Makuch Steps Down Mar. 28 MT
BHP board member Gary Goldberg buys USD50,000 in shares Mar. 27 AN
Exclusive-Former Newmont executive tapped to oversee mining on US energy council, sources say Mar. 20 RE
Former Newmont executive tapped to oversee mining on US energy council, sources say Mar. 20 RE
Former Newmont executive tapped to oversee mining on US energy council Mar. 20 RE
National Bank Financial Adjusts PT on Newmont to CA$80 From CA$75, Keeps Sector Perform Rating Mar. 19 MT
Bernstein Adjusts Price Target on Newmont to $54 From $57, Keeps Market Perform Rating Mar. 18 MT
Gold Miners' Shares Trend Upwards As Gold Prices Jump to New Record Mar. 18 MT
Newmont Corporation Announces Board Retirements Mar. 16 CI
Australian Shares End Week Higher; Australian Miners Advance as Gold Hits Record High Mar. 14 MT
Australian Miners Advance as Gold Hits Record High Amid Rising Geopolitical Tensions Mar. 13 MT
RBC Capital Markets Change Price Targets for Certain North American Precious Metals Equities Mar. 13 MT
RBC Adjusts Price Target on Newmont to $51 From $48, Maintains Sector Perform Rating Mar. 13 MT
Macquarie Adjusts Price Target on Newmont to $60 From $54, Keeps Outperform Rating Mar. 13 MT
BNP Paribas Exane Adjusts Newmont Price Target to $54 From $57, Maintains Outperform Rating Mar. 11 MT
Koonenberry Gold Says Newmont Unit Starts Drilling at New South Wales Copper-Gold Project Joint Venture Mar. 09 MT

Chart Newmont Corporation

Goldman Sachs Adjusts Newmont Price Target to $59.70 From $48.60, Maintains Buy Rating (4)

NEM: Dynamic Chart

Company Profile

Goldman Sachs Adjusts Newmont Price Target to $59.70 From $48.60, Maintains Buy Rating (5)

Newmont Corporation is one of the world's leading gold mine exploration and operation companies. Net sales break down by family of products as follows:- gold (89.7%): 5.4 million ounces sold in 2023;- copper (4.9%): 70.3 million kg sold;- silver (2.8%): 17 million ounces sold;- zinc (1.8%): 100.7 million kg sold;- lead (0.8%): 48.5 million kg sold.At the end of 2023, the group had 21 production sites located in North America (11), Australia (4), South America (3), Africa (2) and New Guinea.Net sales are dsitributed geographically as follows: the The United States (0.4%), the United Kingdom (64.7%), South Korea (8.3%), Switzerland (5.1%), Japan (4.3%), the Philippines (3.8%), Australia (3.2%), Germany (2.7%), Mexico (2%) and other (5.5%).

Employees

22,200

Sector

Gold

Calendar

Apr. 22 - Q1 2025 Earnings Release

More about the company

Income Statement and Estimates

Goldman Sachs Adjusts Newmont Price Target to $59.70 From $48.60, Maintains Buy Rating (6)

More financial data

Ratings

Trading Rating

Investor Rating

ESG MSCI

AA

Goldman Sachs Adjusts Newmont Price Target to $59.70 From $48.60, Maintains Buy Rating (7)

More Ratings

Analysts' Consensus

Sell

Goldman Sachs Adjusts Newmont Price Target to $59.70 From $48.60, Maintains Buy Rating (8)

Buy

Mean consensus

OUTPERFORM

Number of Analysts

19

Last Close Price

48.33USD

Average target price

54.77USD

Spread / Average Target

+13.33%

Consensus

Profit revisions

Goldman Sachs Adjusts Newmont Price Target to $59.70 From $48.60, Maintains Buy Rating (9)

Estimate revisions

Quarterly revenue - Rate of surprise

Goldman Sachs Adjusts Newmont Price Target to $59.70 From $48.60, Maintains Buy Rating (10)

Company calendar

  1. Stock Market
  2. Equities
  3. NEM Stock
  4. News Newmont Corporation
  5. Goldman Sachs Adjusts Newmont Price Target to $59.70 From $48.60, Maintains Buy Rating
"); for (var element in ICConf) { if (document.getElementById("zpp"+element)) { document.getElementById("zpp"+element).innerHTML = ""; } } InvestingChannelQueue.push(function() { ic_page = InvestingChannel.UAT.Run("5c5a75c3-8896-4592-98f8-dc06e6fdcc56"); }); } $(document).ready(function() {gaEvent('adspv', 'InvestingChannel_v2', 'US');});googletag.cmd.push(function() { googletag.pubads().setTargeting('Edition', 'en_US');googletag.pubads().setTargeting('UserType', 'free');googletag.pubads().setTargeting('Content', 'equities');googletag.pubads().setTargeting('codezb', '13711');googletag.enableServices();try{googletag.pubads().getSlots().forEach(function(slot){if(slot.getSlotElementId().startsWith('zpp')){;}else{googletag.pubads().refresh([slot],{changeCorrelator: false});}})}catch(error){console.error(error)}});$(document).ready(function() { $( document).on('zbv_visible',function () {startAdsService();}); if (document[zbv_hidden]===false) { startAdsService(); } });
Goldman Sachs Adjusts Newmont Price Target to $59.70 From $48.60, Maintains Buy Rating (2025)
Top Articles
Latest Posts
Recommended Articles
Article information

Author: Merrill Bechtelar CPA

Last Updated:

Views: 6188

Rating: 5 / 5 (50 voted)

Reviews: 89% of readers found this page helpful

Author information

Name: Merrill Bechtelar CPA

Birthday: 1996-05-19

Address: Apt. 114 873 White Lodge, Libbyfurt, CA 93006

Phone: +5983010455207

Job: Legacy Representative

Hobby: Blacksmithing, Urban exploration, Sudoku, Slacklining, Creative writing, Community, Letterboxing

Introduction: My name is Merrill Bechtelar CPA, I am a clean, agreeable, glorious, magnificent, witty, enchanting, comfortable person who loves writing and wants to share my knowledge and understanding with you.