RBC Capital analyst Josh Wolfson maintained a Hold rating on Newmont Mining (NYSE:NEM) on Friday, setting a price target of $68, which is approximately 3.96% above the present share price of $65.41.
Wolfson expects Newmont Mining to post earnings per share (EPS) of $1.03 for the second quarter of 2021.
The current consensus among 9 TipRanks analysts is for a Strong Buy rating of shares in Newmont Mining, with an average price target of $73.01.
The analysts price targets range from a high of $87.16 to a low of $62.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $3.38 billion and a net profit of $988 million. The company's market cap is $52.4 billion.
According to TipRanks.com, RBC Capital analyst Josh Wolfson is currently ranked with 1 stars on a 0-5 stars ranking scale, with an average return of -0.7% and a 52.08% 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.