Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Australian Stock Exchange  >  Newcrest Mining Limited    NCM   AU000000NCM7

NEWCREST MINING LIMITED

(NCM)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Australian shares end higher as financials gain; NZ falls

11/19/2020 | 12:56am EST

* Aussie benchmark up to 4th session

* South Australia goes into 6-day lockdown

* Financial sub-index extends gains to 4th day

Nov 19 (Reuters) - Australian shares closed higher on Thursday, recouping early losses due to gains in financial stocks, while New Zealand extended falls from the previous session as worries over surging global COVID-19 cases dampened sentiment.

The S&P/ASX 200 index swung into positive territory in the last hour of trade after spending most of the session in the red, closing up 0.25% at 6,547.2 points.

U.S. stocks closed steeply lower after a late-session sell-off on Wednesday as investors weighed surging COVID-19 infections and mounting shutdowns against encouraging vaccine developments.

Adding to the risk-off mood, the state of South Australia went into strict lockdown on Thursday to stifle the latest cluster of 23 novel coronavirus infections.

A vaccine is further down the track compared to the current trend of soaring infections and restrictions hampering economic recovery, said James Tao, a market analyst at CommSec.

"The good news is kind of being pushed to one side at the moment," Tao said.

Financial stocks extended gains to a fourth day and hit their highest in more than eight months, with the "Big Four" banks climbing between 1.2% and 2.3%.

On the other side of the ledger, gold stocks touched their lowest in nearly five months, as optimism over the new vaccine dented the appeal of the safe-haven commodity.

Newcrest Mining closed down 2.6% while ASX-listed shares of AngloGold Ashanti shed 4.2%.

Miners shed 0.5% while energy stocks added 0.3%, helped by gains in Worley and Woodside Petroleum .

In New Zealand, the benchmark index closed 0.4% lower at 12,557.13 points. Tourism Holdings, down 3.7%, was the biggest percentage loser, followed by Serko Ltd , slipping 2%. (Reporting by Arundhati Dutta in Bengaluru; Editing by Ramakrishnan M.)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
ANGLOGOLD ASHANTI LIMITED -3.22% 336.1 End-of-day quote.-1.87%
ASX LIMITED 0.53% 71.75 End-of-day quote.-0.35%
AUSTRALIAN DOLLAR / US DOLLAR (AUD/USD) -0.03% 0.771 Delayed Quote.-0.14%
NEWCREST MINING LIMITED 0.72% 26.42 End-of-day quote.2.48%
S&P/ASX 200 0.53% 6778.5 Real-time Quote.1.15%
SERKO LIMITED 3.42% 5.74 End-of-day quote.-0.86%
TOURISM HOLDINGS LIMITED 1.75% 2.32 End-of-day quote.-10.77%
WOODSIDE PETROLEUM LTD 1.01% 26.92 End-of-day quote.18.38%
WORLEY LIMITED -2.77% 12.3 End-of-day quote.7.05%
All news about NEWCREST MINING LIMITED
01/15Ecuador-focused miner SolGold has begun process to replace CEO -source
RE
01/13Greatland Gold's JV Partner Approves $114 Million Funding to Advance Havieron..
MT
01/13Bumper jobs data, U.S. stimulus bets push Australia shares higher
RE
01/13NEWCREST MINING : Board OKs $112 Million Funding for Construction at Havieron Pr..
MT
01/12Australia's Newcrest Mining gets regulatory nod for $113.5 million Havieron p..
RE
01/12NCM Announces Havieron Project Receives Regulatory and Funding Approval
NE
01/12NEWCREST MINING : Havieron Project receives regulatory and funding approval
PU
01/11Gold miners drag down Australian shares; NZ falls 2%
RE
01/06Australia shares jump 1.5% as Georgia elections reinforce hopes of U.S. stimu..
RE
01/04Australia shares post solid start to year as miners shine
RE
More news
Financials (USD)
Sales 2021 4 564 M - -
Net income 2021 1 178 M - -
Net Debt 2021 378 M - -
P/E ratio 2021 13,9x
Yield 2021 1,25%
Capitalization 16 591 M 16 556 M -
EV / Sales 2021 3,72x
EV / Sales 2022 3,90x
Nbr of Employees 5 304
Free-Float 99,5%
Chart NEWCREST MINING LIMITED
Duration : Period :
Newcrest Mining Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends NEWCREST MINING LIMITED
Short TermMid-TermLong Term
TrendsNeutralBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 16
Average target price 25,46 $
Last Close Price 20,37 $
Spread / Highest target 64,3%
Spread / Average Target 25,0%
Spread / Lowest Target 0,58%
EPS Revisions
Managers and Directors
NameTitle
Sandeep Biswas Chief Executive Officer, Executive Director & MD
Peter Algernon Franc Hay Independent Non-Executive Chairman
Gerard Bond CFO, Finance Director & Executive Director
Suresh Vadnagra Chief Technical & Projects Officer
Philip Stanley Aiken Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
NEWCREST MINING LIMITED2.48%16 412
NEWMONT CORPORATION3.29%49 887
BARRICK GOLD CORPORATION1.59%41 231
POLYUS-3.84%27 096
WHEATON PRECIOUS METALS CORP.-3.01%18 160
AGNICO EAGLE MINES LIMITED-2.64%16 639