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    NCM   AU000000NCM7


Delayed Australian Stock Exchange  -  05/27 02:11:01 am EDT
24.74 AUD   +0.41%
05/27Antipa - igo paterson farm-in project and antipa, newcrest wilki farm-in project exploration update
05/25Lundin Gold Releases Inaugural Climate Change Report, 2021 Sustainability Report
05/25NEWCREST MINING : Notification regarding unquoted securities - NCM
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Australian shares hit 1-month low on tech sell-off

01/19/2022 | 01:02am EDT

Jan 19 (Reuters) - Australian shares fell on Wednesday to their lowest close in a month, weighed down by technology stocks after a spike in U.S. Treasury yields on prospects of aggressive interest rate hikes sent Wall Street peers lower overnight.

The S&P/ASX 200 closed 1% lower at 7,332.50 in its second straight session of fall, with tech stocks shedding 2.6% to hit their lowest in nearly eight months.

Buy now, pay later firm Afterpay slid 1.2%, while Xero and WiseTech Global retreated 2.4% and 4.2%, respectively.

Brad Smoling, managing director of Smoling Stockbroking, said a subdued start to the U.S. earnings season also weighed on sentiment.

"Rates are really high on U.S. Treasury yields, sending a lot of nerves in the market," he said.

Among other sectors, financials dropped 1.4%, after authorities said Australia should brace for more COVID-19 deaths for the next few weeks, as record infections fuelled by the Omicron outbreak overwhelmed health systems.

Surveys released this week showed Australian consumer sentiment was hit in January as a surge in coronavirus cases filled up hospitals and curbed spending.

Weak bullion prices reduced the appeal of gold stocks, sending the sectoral sub-index down 1.9%.

Gold majors Newcrest Mining and Northern Star Resources were down 0.9% and 3.4%, respectively.

Energy stocks rose 0.6% as oil prices rallied to a seven-year high amid tight supply outlook and geopolitical troubles in Russia and the United Arab Emirates.

Oil and gas explorers Woodside Petroleum and Santos rose 0.9% and 2%, respectively.

Across the Tasman Sea, New Zealand's S&P/NZX 50 fell 1.6% to 12,612.31. (Reporting by Upasana Singh in Bengaluru; Editing by Subhranshu Sahu)

© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
AFTERPAY -2.18% 66.47 End-of-day quote.-19.93%
LONDON BRENT OIL 1.52% 119.2 Delayed Quote.50.58%
NEWCREST MINING LIMITED 0.41% 24.74 Delayed Quote.1.06%
NORTHERN STAR RESOURCES LIMITED -0.91% 8.72 Delayed Quote.-7.33%
S&P 500 2.47% 4158.24 Real-time Quote.-12.76%
S&P/ASX 200 1.08% 7182.7 Real-time Quote.-3.52%
SANTOS LIMITED 1.10% 8.24 Delayed Quote.30.59%
US DOLLAR / RUSSIAN ROUBLE (USD/RUB) 0.76% 66.25 Delayed Quote.-14.60%
WISETECH GLOBAL LIMITED 2.13% 41.67 Delayed Quote.-28.87%
WOODSIDE ENERGY GROUP LTD 3.57% 30.14 Delayed Quote.37.44%
WTI 0.94% 115.083 Delayed Quote.51.34%
XERO LIMITED 0.05% 87.47 Delayed Quote.-38.16%
05/27Antipa - igo paterson farm-in project and antipa, newcrest wilki farm-in project explor..
05/25Lundin Gold Releases Inaugural Climate Change Report, 2021 Sustainability Report
05/25NEWCREST MINING : Notification regarding unquoted securities - NCM
05/24Banks, miners lift Australian shares to near 3-week high
05/23Antipa minerals limited - newcrest elects to operate next stage of wilki project farm-i..
05/17TRANSCRIPT : Newcrest Mining Limited Presents at Bank of America 2022 Global Metals, Minin..
05/16Australia shares rise on miners, energy boost; Brambles sinks
05/16Ascot Resources Swings to Q1 Loss from Year-Ago Profit; Hires Former Newcrest Executive..
05/16Australia shares end higher on banks; Brambles soars on deal talks
05/10Australian shares dragged by mining, gold firms; U.S. inflation in focus
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Analyst Recommendations on NEWCREST MINING LIMITED
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Financials (USD)
Sales 2022 4 249 M - -
Net income 2022 865 M - -
Net Debt 2022 1 722 M - -
P/E ratio 2022 17,5x
Yield 2022 1,33%
Capitalization 15 768 M 15 768 M -
EV / Sales 2022 4,12x
EV / Sales 2023 3,27x
Nbr of Employees 5 304
Free-Float 99,1%
Duration : Period :
Newcrest Mining Limited Technical Analysis Chart | MarketScreener
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Technical analysis trends NEWCREST MINING LIMITED
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 17
Last Close Price 17,70 $
Average target price 21,32 $
Spread / Average Target 20,5%
EPS Revisions
Managers and Directors
Sandeep Biswas Chief Executive Officer, MD & Executive Director
Sherry Duhe Chief Financial Officer
Peter William Tomsett Independent Non-Executive Chairman
Suresh Vadnagra Chief Technical & Projects Officer
Phil Stephenson Chief Operating Officer-Australia & Americas
Sector and Competitors