Stifel Canada Comments on Newmont’s Q3 Earnings (TSE:NGT)

Newmont beats quarterly profit estimates behind record gold prices

Price rally helps cushion 15 per cent decline in gold output in third quarter

Newmont slips despite Q3 earnings beat as gold production drops 15% (NEM:NYSE)

Newmont reported better than expected Q3 adjusted earnings and revenues, but lower production levels prevented the miner from taking full advantage of record-high gold prices.

Stifel Canada Comments on Newmont’s Q3 Earnings (TSE:NGT)

Newmont Co. (TSE:NGT – Free Report) – Research analysts at Stifel Canada raised their Q3 2025 earnings estimates for shares of Newmont in a research note issued to investors on Monday, October 20th. Stifel Canada analyst R. Profiti now forecasts that the company will earn $2.03 per share for the quarter, up from their previous estimate of $1.86. Stifel Canada has a “Strong-Buy” rating on the stock. The consensus estimate for Newmont’s current fu…