Newcrest Mining : Volatility should make a big comeback
Entry price | Target | Stop-loss | Potential |
---|
A$26.48 |
A$29 |
A$25.2 |
+9.52% |
---|
Newcrest Mining Limited shares stand out with an interesting technical chart pattern displaying horizontal consolidation. One would assume that the current accumulation phase will cede eventually to an acceleration to the upside.
Strengths● Before interest, taxes, depreciation and amortization, the company's margins are particularly high.
● The group's activity appears highly profitable thanks to its outperforming net margins.
● Thanks to a sound financial situation, the firm has significant leeway for investment.
● Analysts have consistently raised their revenue expectations for the company, which provides good prospects for the current and next years in terms of revenue growth.
● Over the past twelve months, analysts' opinions have been strongly revised upwards.
Weaknesses● According to Standard & Poor's' forecast, revenue growth prospects are expected to be very low for the next fiscal years.
● The group usually releases earnings worse than estimated.
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