Fintel reports that on September 10, 2025, RBC Capital upgraded their outlook for Newmont (TSX:NGT) from Sector Perform to Outperform.

Analyst Price Forecast Suggests 0.38% Upside

As of August 21, 2025, the average one-year price target for Newmont is $105.65/share. The forecasts range from a low of $88.39 to a high of $130.27. The average price target represents an increase of 0.38% from its latest reported closing price of $105.25 / share.

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The projected annual revenue for Newmont is 12,255MM, a decrease of 40.46%. The projected annual non-GAAP EPS is 2.47.

What is the Fund Sentiment?

There are 2,183 funds or institutions reporting positions in Newmont. This is an increase of 198 owner(s) or 9.97% in the last quarter. Average portfolio weight of all funds dedicated to NGT is 0.44%, an increase of 2.38%. Total shares owned by institutions increased in the last three months by 4.43% to 986,051K shares.

What are Other Shareholders Doing?

Van Eck Associates holds 41,706K shares representing 3.81% ownership of the company. In its prior filing, the firm reported owning 43,813K shares , representing a decrease of 5.05%. The firm increased its portfolio allocation in NGT by 0.58% over the last quarter.

VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 35,810K shares representing 3.27% ownership of the company. In its prior filing, the firm reported owning 35,571K shares , representing an increase of 0.67%. The firm increased its portfolio allocation in NGT by 8.39% over the last quarter.

GDX - VanEck Vectors Gold Miners ETF holds 33,952K shares representing 3.10% ownership of the company. In its prior filing, the firm reported owning 35,691K shares , representing a decrease of 5.12%. The firm increased its portfolio allocation in NGT by 9.89% over the last quarter.

VFINX - Vanguard 500 Index Fund Investor Shares holds 31,591K shares representing 2.89% ownership of the company. In its prior filing, the firm reported owning 31,633K shares , representing a decrease of 0.13%. The firm increased its portfolio allocation in NGT by 7.07% over the last quarter.

Geode Capital Management holds 25,090K shares representing 2.29% ownership of the company. In its prior filing, the firm reported owning 25,150K shares , representing a decrease of 0.24%. The firm decreased its portfolio allocation in NGT by 43.13% over the last quarter.