NEWMONT GOLD-TS Declares Quarterly Dividend of $0.19 (TSE:NGT)

NEWMONT GOLD-TS (TSE:NGT) announced a quarterly dividend on Tuesday, October 22nd, Zacks reports. Investors of record on Thursday, December 5th will be given a dividend of 0.185 per share on Friday, December 27th. This represents a $0.74 dividend on an annualized basis and a yield of 1.45%. The ex-dividend date of this dividend is Wednesday, December 4th.

Shares of NGT opened at C$51.04 on Monday. NEWMONT GOLD-TS has a 52-week low of C$40.01 and a 52-week high of C$54.87. The company has a debt-to-equity ratio of 33.65, a quick ratio of 1.39 and a current ratio of 2.18. The business’s fifty day simple moving average is C$50.34. The firm has a market cap of $41.84 billion and a PE ratio of 15.13.

NEWMONT GOLD-TS (TSE:NGT) last posted its quarterly earnings results on Tuesday, November 5th. The company reported C$0.48 EPS for the quarter, missing the consensus estimate of C$0.53 by C($0.05). The firm had revenue of C$3.58 billion during the quarter, compared to analyst estimates of C$4.07 billion.

Separately, National Bank Financial reduced their price objective on shares of NEWMONT GOLD-TS from C$64.00 to C$61.00 and set an “outperform” rating on the stock in a report on Monday, November 18th.

About NEWMONT GOLD-TS

Newmont Goldcorp Corporation, together with its subsidiaries, operates in the mining industry. The company primarily acquires, develops, explores for, and produces gold, copper, and silver. Its operations and/or assets are located in the United States, Australia, Peru, Ghana, and Suriname. As of December 31, 2018, the company had proven and probable gold reserves of 65.4 million ounces and an aggregate land position of approximately 24,000 square miles.

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