|Bid||34.87 x 0|
|Ask||34.89 x 0|
|Day's Range||34.05 - 34.90|
|52 Week Range||18.58 - 38.87|
|Beta (3Y Monthly)||0.73|
|PE Ratio (TTM)||47.93|
|Forward Dividend & Yield||0.32 (0.91%)|
|1y Target Est||N/A|
Based on Newcrest Mining Limited's (ASX:NCM) earnings update on 30 June 2019, analysts seem fairly confident, with...
Today we'll look at Newcrest Mining Limited (ASX:NCM) and reflect on its potential as an investment. Specifically...
Papua New Guinea's new treasurer on Wednesday put Total SA, Exxon Mobil Corp , Newcrest Mining and their partners on notice that the country wants to extract more benefits from their gas and mining projects. Treasurer Sam Basil said the country also needs better forecasts from Exxon and Total on the expected income flow from a $13 billion plan to double the country's liquefied natural gas (LNG) exports. Basil was appointed earlier this month by Prime Minister James Marape, who led a revolt against former prime minister Peter O'Neill in May.
Newcrest Mining Limited (ASX:NCM), a large-cap worth AU$23b, comes to mind for investors seeking a strong and reliable...
Commodity companies are pushing to meet Papua New Guinea's new prime minister, who is set to deliver a nationwide address on Wednesday as he starts to overhaul the way the gas-rich country manages its vast natural resources. James Marape's speech is due to be broadcast around 6 p.m. local time (0800 GMT), just as thousands around the rugby league-loving nation gather at their televisions ahead of the State of Origin match, a big derby in Australia. The former finance minister promised he would be "taking back" the economy under his leadership when parliament elected him prime minister last week in the wake of Peter O'Neill's resignation from the position.
Today, we'll introduce the concept of the P/E ratio for those who are learning about investing. We'll show how you can...
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side...
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Newcrest Mining Limited and other ratings that are associated with the same analytical unit. "IMPORTANT NOTICE: MOODY'S RATINGS AND PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Newcrest Mining Ltd. (NCM.AX) closed 0.48% higher at 25.13 Australian dollars ($17.71) per share on May 1 after the company released its production results for third-quarter 2019. For the quarter ended March 31, gold production decreased 4.8% to 623,124 ounces and copper production declined 5.8% to 25,303 tons from the second quarter. Warning! GuruFocus has detected 3 Warning Sign with ASX:NCM.
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. By way of learning-by-doing, we'll look at ROE to...
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! When you buy a stock there is always a possibility that it could drop 100%. But when you pick a company that is really f...
The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy. THE GLOBE AND MAIL ** The energy regulator of Canada's ...
Newcrest said on Monday it would buy a 70 percent joint-venture interest in, and operatorship of, the Red Chris mine and surrounding tenements in British Columbia from Toronto-listed Imperial Metals Corp. "If you look at the balance sheet metrics we are still well within our financial metrics," Newcrest chief executive Sandeep Biswas told Reuters. "If something were to come up that is of interest then we certainly don't see ourselves as restricted." The Red Chris buy comes amid a shakeup in the gold industry after Barrick Gold Corp's offer for Newmont Mining in an $18 billion deal that would make a global gold monolith and trigger a string of divestments. Newcrest has been touted as a potential buyer of Newmont's Australian assets.
Newcrest Mining Ltd Chief Executive Sandeep Biswas said on Monday that the company's balance sheet did not restrict it from further purchases, after the Australian miner said it would pay $806.5 million for a Canadian gold mine. Biswas said Newcrest would look at other purchases that made sense, such as if anything of interest were to come out of a potential tie-up between Newmont Mining Corp and Barrick Gold Corp. "If you look at the balance sheet metrics, we are still well within our financial metrics.
Australian mining magnate Lang Hancock famously discovered the world's biggest iron ore deposit when he noticed the red-stained cliffs of a canyon while flying over the Outback in the 1950s. Now, the days when massive mineral deposits could be simply spotted by plane are gone, so miners are adopting new lab techniques and machine-led mapping to detect metal traces in everything from sand to gum tree leaves and groundwater. Australian miners are taking a deeper look at the 80 percent of the country that lies "under cover" - obscured by metres of sediment and sand, particularly in the desert interior, across an area twice the size of India.
"My preference is a joint venture," Joe Foster of the Van Eck International Investors Gold Fund, said in a phone interview. If a merger is the only way to unify Nevada then maybe, just maybe, that's something we might consider.
Newmont earlier on Monday rejected Barrick's full buyout offer and reiterated its plans to go ahead with its deal to buy smaller rival Goldcorp Inc. Newmont's JV proposal, unveiled Monday, seeks to combine adjacent mines and other facilities in Nevada.
Consolidation among smaller gold miners is expected to be top of mind as much of the industry meets in Toronto this week, with dealmakers cautiously optimistic a fresh wave of buyouts is imminent once major pending transactions are settled. Barrick Gold Corp's $18 billion (£13.6 billion) hostile bid for rival Newmont Mining Corp last week came shortly after the former's acquisition of Randgold Resources and the latter's friendly offer for Goldcorp Inc.
On 31 December 2018, Newcrest Mining Limited (ASX:NCM) released its earnings update. Generally, analysts seem extremely confident, with earnings expected to grow by a high double-digit of 71% in theRead More...