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Investor Insights

This summary was created by AI, based on 2 opinions in the last 12 months.

Newmont Goldcorp (NGT-T) is the No. 1 largest gold producer in the world and is expected to benefit from synergies from its latest acquisition. The company's balance sheet is in good shape and is well-run. However, owning gold over the last 20 years has been challenging, so experts recommend considering copper miners for better risk/reward. The recent takeover of Newcrest has propelled Newmont Goldcorp to become the largest in the world at what it does, with exposure to all metals, especially copper. The company operates primarily in relatively low-risk areas and presents an attractive opportunity for gold exposure during uncertain times.

Consensus
Positive
Valuation
Fair Value
Similar
Barrick Gold, GOLD-T
DON'T BUY
Newmont Goldcorp

Largest gold producer in the world. Global. Expects synergies from latest acquisition. Balance sheet still in good shape. Well run. A go-to, if you like gold. But look at the chart -- owning gold over the last 20 years has been a tough game. 

If you want a miner, go with the copper miners, better risk/reward, part of the next ESG evolution/revolution of where the world is going.

0
TOP PICK
Newmont Goldcorp

Takeover of Newcrest is huge, propelling it to be the largest in the world at what it does. Exposure to all the metals, and especially to copper with the acquisition. Operates primarily in relatively low-risk areas. Attractive opportunity for some gold exposure during uncertain times such as now. Yield is 4.14%.

(Analysts’ price target is $70.61)
0
BUY
Newmont Goldcorp
The miners are very cheap. The question is what's going to happen to the commodity, because you have to make your call on it before you look at the businesses. If the price of gold goes sideways, those companies won't do much. Right now, he likes stocks better than royalties. Royalty companies are better to have once things get going. Stocks like AEM, NGT and ABX are really down, and that's a better way to play now.
0
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
Newmont Goldcorp
(A Top Pick Oct 07/21, Up 34%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with NGT has triggered its stop at $92. To remain disciplined we recommend covering the position at this time. This results in a net investment gain of 30%, when combined with our previous buy recommendation.
0
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
Newmont Goldcorp
(A Top Pick Oct 07/21, Up 42.1%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with NGT is progressing well. We now recommend trailing up the stop (from $80) to $92.
0
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
Newmont Goldcorp
(A Top Pick Oct 07/21, Up 31.3%)Stockchase Research Editor: Michael O’Reilly Our PAST TOP PICK with NGT has achieved its $90 target. To remain disciplined, we recommend covering half the position and trailing up the stop (from $75) to $80
0
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
Newmont Goldcorp
(A Top Pick Oct 07/21, Up 17.3%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with NGT is progressing well. We now recommend trailing up the stop (from $65) to $75.
0
DON'T BUY
Newmont Goldcorp
Gold market has languished the last year and a half. Cost are going up by 20-30% at this part of the cycle, and he doesn't know how markets are going to react to that. He's looking at royalty companies or specific targets, rather than a generalized big gold company.
0
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Newmont Goldcorp
Stockchase Research Editor: Michael O’Reilly We reiterate NGT as a TOP PICK. The Canadian based gold producer has a reasonable dividend backed by a payout ratio of under 40% of cash flow. It trades at 16x earnings and at under 2.5 book value. We would buy this with a stop loss at $65, looking to achieve $90 - upside potential over 30%. Yield 4.1% (Analysts’ price target is $89.96)
0
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Newmont Goldcorp
Stockchase Research Editor: Michael O'Reilly NGT is a Canadian based gold producer with a reasonable dividend backed by a payout ratio of under 50% of cash flow. It trades at 16x earnings and at under 2x book value. We would buy this with a stop loss at $65, looking to achieve $93 -- upside potential over 27%. Yield 3.84% (Analysts’ price target is $93.00)
0
PAST TOP PICK
Newmont Goldcorp

(A Top Pick May 14/20, Up 2%) He'd buy it with both hands today. If you look at the GDX ETF, it's broken out of consolidation since March, led by Newmont and FNV. We've started next leg higher in gold, and this will be significant. An asset to hold if you believe money printing is going on.

0
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
Newmont Goldcorp
(A Top Pick Aug 18/20, Down 10.1%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with NGT has moved through our stop. We are recommending to cover the position. We will look for other opportunities.
0
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Newmont Goldcorp

Stockchase Research Editor: Michael O'Reilly This is a bit of a defensive holding, in the event the market continues to push gold higher -- as many analysts believe could be the case. Gold stocks have rallied as of late with the investment of ABX by Warren Buffet. NMC pays a nice dividend and with a payout ratio of only 14% of cash flow, it should be safe. Cash flow from operations were recently reported up 120% from last year and that goes directly to the bottom line. The recent pullback from highs near $95 is a good opportunity to enter here. Analyst price targets are over $103 -- giving over 15% upside. We would trade this with a $83 stop loss. Yield 1.46% (Analysts’ price target is $103.65)

0
BUY
Newmont Goldcorp

ABX-T owns the majority of the joint venture and NGT-T owns about 40%. This is a deal that should have happened a long time ago. You had all these ounces that could be treated at a plant next door but you could not do that and it was not economic to do so at another plant. It shows some sanity to generalist investors. ABX-T did the best out of it.

0
DON'T BUY
Newmont Goldcorp
Note: Newmont is dropping Goldcorp from its name. The two merged last year to become a big company now. Newmont are good operators and integrating or selling Goldcorp's weaker mines. She has no exposure to gold, but this isn't bad--it's a large cap not dependent on a single mine, but many. That said, maybe Newmont is too big, and they're still integrating with Goldcorp.
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Newmont Goldcorp(NGT-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 1

Stockchase rating for Newmont Goldcorp is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Newmont Goldcorp(NGT-T) Frequently Asked Questions

What is Newmont Goldcorp stock symbol?

Newmont Goldcorp is a Canadian stock, trading under the symbol NGT-T on the Toronto Stock Exchange (NGT-CT). It is usually referred to as TSX:NGT or NGT-T

Is Newmont Goldcorp a buy or a sell?

In the last year, 1 stock analyst published opinions about NGT-T. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Newmont Goldcorp.

Is Newmont Goldcorp a good investment or a top pick?

Newmont Goldcorp was recommended as a Top Pick by on . Read the latest stock experts ratings for Newmont Goldcorp.

Why is Newmont Goldcorp stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Newmont Goldcorp worth watching?

1 stock analyst on Stockchase covered Newmont Goldcorp In the last year. It is a trending stock that is worth watching.

What is Newmont Goldcorp stock price?

On 2024-04-22, Newmont Goldcorp (NGT-T) stock closed at a price of $51.38.