Analyst Price Target is C$79.33
▲ +40.26% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Newmont in the last 3 months. The average price target is C$79.33, with a high forecast of C$99.00 and a low forecast of C$60.00. The average price target represents a 40.26% upside from the last price of C$56.56.
Current Consensus is
The current consensus among 2 contributing investment analysts is to buy stock in Newmont. This Buy consensus rating has held steady for over two years.
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.