CIBC has upgraded Newmont Corporation (NEM) to an Outperformer rating from Neutral as of October 9, 2025. The current share price stands at $82.86.
This upgrade reflects a more optimistic outlook on Newmont's prospects, suggesting improved fundamentals or enhanced confidence in the company's strategic direction. Analysts' ratings often provide insights into market sentiment and can indicate potential shifts in performance expectations.
Newmont Corporation, a leader in the metals and mining industry, specializes in the exploration and acquisition of gold properties that may also contain copper, silver, lead, and zinc. Headquartered in Denver, Colorado, the firm employs approximately 22,200 individuals and operates several key sites, including Brucejack, Red Chris, and Penasquito.
As of November 20, 2025, Newmont boasts a market capitalisation of $90.5 billion, a P/E ratio of 12.60, and an EPS of 6.43. The company also offers a notable dividend yield of 114.3%. Upcoming earnings reports are scheduled for April 21, 2026, and July 22, 2026, with estimated EPS of $1.79 and $1.88, respectively.
Analyst consensus indicates a Buy rating, with 7 Strong Buy, 15 Buy, and 5 Hold ratings from a total of 27 analysts. Recent analyst actions include CIBC's upgrade as well as other adjustments from firms such as RBC Capital and Raymond James, illustrating a dynamic view of the company's performance in the market.
Investment decisions should consider various factors, including company fundamentals and market trends, as analyst ratings are subject to change with new information.
This brief was generated from structured financial data and reviewed by the Investing Point editorial team. It is for informational purposes only and does not constitute investment advice.