RBC Capital analyst Josh Wolfson maintained a Hold rating on Newmont Mining (NYSE:NEM) on Monday, setting a price target of $66, which is approximately 7.63% above the present share price of $61.32.
Wolfson expects Newmont Mining to post earnings per share (EPS) of $0.81 for the third quarter of 2021.
The current consensus among 10 TipRanks analysts is for a Moderate Buy rating of shares in Newmont Mining, with an average price target of $74.45.
The analysts price targets range from a high of $85.78 to a low of $60.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $3.07 billion and a net profit of $1.01 billion. The company's market cap is $49 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 -0.5% and a 50.59% 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.