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    NCM   AU000000NCM7

NEWCREST MINING LIMITED

(NCM)
  Report
Delayed Australian Stock Exchange  -  11:29:00 2023-01-26 pm EST
22.37 AUD   -2.53%
07:19aGreatland gold plc - havieron exploration and development update
AQ
12:29aNewcrest Mining Produces 512,000 Gold Ounces in Fiscal Q2
MT
01/25Newcrest Mining Kept at Market Perform by BMO as Q4 Production Misses Estimates; Price Target Maintained at A$25.00
MT
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Australian shares gain on mining boost, cenbank decision in focus

12/04/2022 | 07:04pm EST

Dec 5 (Reuters) - Australian shares rose on Monday, as miners jumped on hopes that COVID-19 restrictions in China would be eased, with investors eyeing the central bank's policy meeting this week where they expect another interest rate hike of 25 basis points.

The S&P/ASX 200 index added 0.3% to 7,325.9 points by 2333 GMT. The benchmark fell 0.7% on Friday.

The Reserve Bank of Australia is expected to deliver a quarter-point rate hike — its third in a row after a succession of half-point moves — at its upcoming policy meeting on Tuesday as the country showed signs of cooling inflation, according to a Reuters poll.

Financials advanced 0.1%, with the "Big Four" banks gaining between 0.1% and 0.3%.

Local miners climbed 1.7% and were among the top gainers on the benchmark after iron ore prices were buoyed by expectations that top steelmaker China would ease its stringent COVID-19 policies.

Iron ore behemoths BHP and Rio Tinto gained 1.7% and 0.9%, respectively.

Energy stocks gained 0.2%. Sector major Woodside Energy and Beach Energy rose 0.06% and 0.4%, respectively.

Separately, Santos added 0.6% even as Australia's Federal Court on Friday rejected its appeal to resume drilling on its $3.6 billion Barossa gas project.

Tech stocks lost 0.4%. ASX-listed shares of Block Inc slid 0.9%, while software solution provider Wisetech Global slid 1.3% and was among the top losers on the sub-index.

Weakness in bullion prices led gold stocks to drop 0.5%. The country's largest gold miner Newcrest Mining slipped 0.2%.

In New Zealand, the benchmark S&P/NZX 50 index fell 0.4% to 11,590.83 points. (Reporting by Navya Mittal in Bengaluru; editing by Uttaresh.V)


ę Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
BEACH ENERGY LIMITED -1.28% 1.5475 Delayed Quote.-1.88%
BHP GROUP LIMITED 0.93% 49.68 Delayed Quote.7.91%
BLOCK, INC. 0.52% 81.19 Delayed Quote.28.53%
NAVYA 0.67% 0.03 Real-time Quote.-17.81%
NEWCREST MINING LIMITED -2.44% 22.37 Delayed Quote.11.19%
RIO TINTO PLC 0.65% 6377 Delayed Quote.9.99%
S&P/ASX 200 0.35% 7493.1 Real-time Quote.6.10%
SANTOS LIMITED 0.21% 7.25 Delayed Quote.1.40%
WISETECH GLOBAL LIMITED 2.43% 57.46 Delayed Quote.10.54%
WOODSIDE ENERGY GROUP LTD -2.09% 36.56 Delayed Quote.5.28%
All news about NEWCREST MINING LIMITED
07:19aGreatland gold plc - havieron exploration and development update
AQ
12:29aNewcrest Mining Produces 512,000 Gold Ounces in Fiscal Q2
MT
01/25Newcrest Mining Kept at Market Perform by BMO as Q4 Production Misses Estimates; Price ..
MT
01/25RBC Capital Markets Notes Newcrest's Weak Production Results In Fiscal Q2
MT
01/25Imperial Metals Says 2022 Copper, Gold Production Rises; Provides Red Chris Exploration..
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01/25AIM WINNERS & LOSERS: Watkin Jones profit slumps; Keywords ups outl..
AN
01/24Gold prices hover near 9-month peak
RE
01/24Australian shares flat as miners offset gains in banks
RE
01/24Newcrest quarterly gold output misses estimates after fatality
RE
01/24Newcrest 2Q Gold Output, Costs Down On-Quarter
DJ
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Analyst Recommendations on NEWCREST MINING LIMITED
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Financials (USD)
Sales 2023 4 605 M - -
Net income 2023 716 M - -
Net Debt 2023 1 366 M - -
P/E ratio 2023 19,4x
Yield 2023 1,43%
Capitalization 14 473 M 14 501 M -
EV / Sales 2023 3,44x
EV / Sales 2024 3,49x
Nbr of Employees 5 304
Free-Float 99,2%
Chart NEWCREST MINING LIMITED
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Newcrest Mining Limited Technical Analysis Chart | MarketScreener
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Technical analysis trends NEWCREST MINING LIMITED
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 17
Last Close Price 16,24 $
Average target price 17,38 $
Spread / Average Target 6,99%
EPS Revisions
Managers and Directors
Sherry Duhe Chief Executive Officer
Daniel O'Connell Chief Financial Officer & Group Treasurer
Peter William Tomsett Independent Chairman
Suresh Vadnagra Chief Technical & Projects Officer
Craig Antony Jones Chief Operating Officer
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