Newmont: Stocks Analysts Recently Downgraded on TSX (NGT)
Newmont is among the group of Toronto Stock Exchange stocks recently downgraded by analysts. This means each stock on this list has seen its averge consensus value drop in the last week so at least one analyst has downgraded their view on these stocks.
This report is generated monthly. It displays the number of analysts along with their buy-hold-sell ratings for the company. A company is included in this list when its mean rating decreases from the previous week. Stocks in this category are generally sold to preserve capital. Companies can get downgraded for a number of reasons - but primarily due to reduced future earnings potential due to loss of contracts, new faltering product lines or increasing costs relative to revenue or financial risk.
|Symbol||Name||Buy||Out Perform||Hold||Under Perform||Sell||No Opinion||Mean Rating||Previous Mean Rating||Mean Label|
|MAG-T||MAG Silver Corp||5||4||2||0||0||0||4||4||Outperform|
|CMMC-T||Copper Mountain Mining Corp||0||0||3||0||7||0||1||2||Underperform|
|K-T||Kinross Gold Corp||7||1||7||0||0||0||4||4||Outperform|
|AEM-T||Agnico Eagle Mines Ltd||10||4||2||0||0||0||4||4||Outperform|
|NXE-T||NexGen Energy Ltd||3||5||0||0||0||0||4||4||Outperform|
|BLU-T||BELLUS Health Inc||4||0||0||0||1||0||4||5||Outperform|
|ABX-T||Barrick Gold Corp||11||2||5||1||0||0||4||4||Outperform|
|TECK-B-T||Teck Resources Ltd||5||2||1||2||0||0||4||4||Outperform|
|TECK-A-T||Teck Resources Ltd||5||2||1||2||0||0||4||4||Outperform|
More about Newmont Corp
Newmont Mining Corp is engaged in the production of gold in the United States, Australia, Peru, Ghana and Suriname. It is also engaged in the production of copper, principally through Boddington in Australia and Phoenix in the United States.
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