Jefferies (NYSE:JEF) analyst Chris LaFemina maintained a Hold rating on Newmont Mining (NYSE:NEM) on Sunday, setting a price target of $58, which is approximately 2.86% above the present share price of $56.39.
LaFemina expects Newmont Mining to post earnings per share (EPS) of $0.00 for the fourth quarter of 2021.
The current consensus among 11 TipRanks analysts is for a Moderate Buy rating of shares in Newmont Mining, with an average price target of $63.54.
The analysts price targets range from a high of $72.79 to a low of $47.47.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $2.9 billion and a net profit of $674 million. The company's market cap is $44.97 billion.
According to TipRanks.com, Jefferies analyst Chris LaFemina is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 4.6% and a 50.17% success rate.
Newmont Corporation is a mining company and has the world’s largest gold reserve base in the industry. It engages in the exploration and production of gold, copper, silver, zinc, and lead.