NCM.AX - Newcrest Mining Limited
Chart Events
Performance Outlook
- Short Term2W - 6W
- Mid Term6W - 9M
- Long Term9M+
| Previous Close | 25.90 |
| Open | 26.05 |
| Bid | 25.84 x 10600 |
| Ask | 25.85 x 135600 |
| Day's Range | 25.77 - 26.16 |
| 52 Week Range | 15.72 - 30.28 |
| Volume | |
| Avg. Volume | 4,313,560 |
| Market Cap | 23.107B |
| Beta (5Y Monthly) | 0.61 |
| PE Ratio (TTM) | 17.00 |
| EPS (TTM) | 1.52 |
| Earnings Date | Aug 17, 2023 |
| Forward Dividend & Yield | 0.52 (1.99%) |
| Ex-Dividend Date | Feb 24, 2023 |
| 1y Target Est | 27.97 |
Fair Value
Related Research
- Reuters
CANADA STOCKS-TSX starts week higher as energy, materials stocks gain
Canada's main stock index rose 0.59% on Monday, helped by gains in energy and materials as wildfires hit tightening oil supplies and Newmont Corp's A$26.2 billion ($17.8 billion) buyout of Newcrest Mining Ltd edged closer to the finish line. At the close on Monday, the Toronto Stock Exchange's S&P/TSX composite index was up 120.35 points at 20,539.97. The energy sector rose 1.4% as oil prices hit a dollar a barrel on Monday as the prospect of tightening supplies and Canada and elsewhere rose.
InvestopediaNewmont Acquires Newcrest, Creating World’s Biggest Gold Mining Company
Newmont, the world’s largest gold mining company, acquired Australian rival Newcrest Mining Ltd. for $19.2 billion in the industry’s biggest deal to date.
Yahoo Finance VideoGold miner Newmont set to acquire Newcrest Mining in $19.2 billion deal
The Yahoo Finance Live team breaks down the $19.2 billion deal from gold miner Newmont to acquire Newcrest Mining.
Barrons.comNewmont to Buy Newcrest for $17.5 Billion. Why It May Have Struck More Than Gold.
The takeover would cement Newmont’s position as the world’s largest producer of gold, while also increasing its exposure to copper, a metal key to the global transition to cleaner energy.
BloombergNewmont Seals $19 Billion Newcrest Takeover in Top Gold Deal
(Bloomberg) -- Gold giant Newmont Corp. secured a A$28.8 billion ($19.2 billion) deal to buy Australian rival Newcrest Mining Ltd., consolidating its position as the world’s biggest bullion producer with mines across the Americas, Africa, Australia and Papua New Guinea. Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffTurkey Set for Runoff as Erdogan Falls Just Short of VictoryS&P ETF Barely Budges on Yellen’s Late-Day Notice: Markets WrapRemote Work Comes Wit
Motley Fool2 Big Mergers to Watch Monday
The stock market appeared poised for a positive opening to the week Monday morning. Hopes that officials in Washington might reach resolution on a debt ceiling increase before the U.S. defaults on its sovereign debt helped lift stock market futures by around a quarter percent in premarket trading. Many investors on Wall Street often refer to the concept of Merger Monday, as a high number of deals between companies get finalized over weekends.
- Newsfile
Newcrest Enters into Binding Scheme Implementation Deed with Newmont
Newcrest and Newmont have reached agreement to proceed with a proposal for Newmont to acquire 100% of the issued shares in Newcrest by way of an Australian scheme of arrangement Newcrest Board unanimously recommends shareholders vote in favour of the Newmont Transaction1 Transaction expected to establish a clear global leader in gold production by combining two of the world's largest producers, with a significant and growing exposure to copperNewcrest shareholders to receive 0.400 Newmont ...
ReutersAustralian gold miner Newcrest backs Newmont's $17.8 billion offer
SYDNEY (Reuters) -Australian gold miner Newcrest Mining Ltd said on Monday it would back Newmont Corp's A$26.2 billion ($17.8 billion) takeover offer in one of the world's largest buyouts so far this year. The deal, subject to approval from shareholders of both companies and other regulatory hurdles, would lift Newmont's gold output to nearly double its nearest rival, Barrick Gold Corp, and catapult the miner past Freeport McMoRan to become the largest U.S. gold and copper producer by market capitalisation. Newcrest shareholders would receive 0.400 Newmont share for each share held, with an implied value of A$29.27 a share, higher than a previous exchange ratio of 0.380 that Newcrest's board rejected in February.
- Reuters
UPDATE 5-Australian gold miner Newcrest backs Newmont's $17.8 billion offer
Australian gold miner Newcrest Mining Ltd said on Monday it would back Newmont Corp's A$26.2 billion ($17.8 billion) takeover offer in one of the world's largest buyouts so far this year. The deal, subject to approval from shareholders of both companies and other regulatory hurdles, would lift Newmont's gold output to nearly double its nearest rival, Barrick Gold Corp, and catapult the miner past Freeport McMoRan to become the largest U.S. gold and copper producer by market capitalisation. Newcrest shareholders would receive 0.400 Newmont share for each share held, with an implied value of A$29.27 a share, higher than a previous exchange ratio of 0.380 that Newcrest's board rejected in February.
BloombergGold Miners Newmont, Newcrest Extend Takeover Talks by a Week
(Bloomberg) -- Talks to secure the biggest ever gold-mining deal will be extended after Newmont Corp. and Newcrest Mining Ltd. failed to reach a binding agreement in the time originally allotted.Most Read from BloombergNBCUniversal’s Yaccarino in Talks to Run Twitter, WSJ SaysKen Griffin’s Hand-Picked Math Prodigy Runs Market-Making EmpireFlorida’s Money Man Threatens to Cut Ties With Bank of America, Wells FargoJamie Dimon Says US Needs to 'Finish' the Bank CrisisTurkey Markets Rally as Candida
- Reuters
UPDATE 1-Newcrest extends exclusivity period for Newmont's $20 bln buyout offer
Newcrest Mining Ltd said on Friday it has extended the exclusivity period by a week for Newmont Corp to complete its due diligence on its A$29.4 billion ($19.94 billion) final takeover offer for the Australian gold miner. The exclusivity period for Newmont's best-and-final offer of A$32.87 per share, which was set to expire on Thursday, has now been extended until May 18. "Newmont has substantially completed due diligence and Newcrest has agreed to extend Newmont's exclusivity ... on the same terms as previously announced to provide further time for Newmont to complete its due diligence and submit a binding offer," Newcrest said.
ReutersNewcrest extends exclusivity period for Newmont's $20 billion buyout offer
The exclusivity period for Newmont's best-and-final offer of A$32.87 per share, which was set to expire on Thursday, has now been extended until May 18. "Newmont has substantially completed due diligence and Newcrest has agreed to extend Newmont's exclusivity ... on the same terms as previously announced to provide further time for Newmont to complete its due diligence and submit a binding offer," Newcrest said.
- Reuters
Australia's Newcrest extends exclusivity period for Newmont's $20 bln offer
Australia's Newcrest Mining Ltd said on Friday it has extended the exclusivity period by a week for Newmont Corp to complete its due diligence on its A$29.4 billion ($19.94 billion) final takeover offer. The exclusivity period for Newmont's best and final offer of A$32.87 per share, which was set to expire on Thursday, has now been extended until May 18.
- Newsfile
Newcrest Announces Exclusivity period with Newmont extended
Melbourne, Australia--(Newsfile Corp. - May 11, 2023) - Further to the ASX announcement dated 14 April 2023, Newcrest Mining Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) provides the following update on the revised conditional and non-binding proposal from Newmont Corporation (Newmont) to acquire 100% of the issued shares in Newcrest, by way of a scheme of arrangement (Revised Proposal).On 14 April 2023, Newcrest announced that it had granted Newmont exclusivity until 11:59pm on ...
BloombergNewcrest Board Backs $19.5 Billion Newmont Gold Takeover
(Bloomberg) -- Newcrest Mining Ltd.’s board is prepared to recommend a takeover offer from Newmont Corp. to its shareholders, interim Chief Executive Officer Sherry Duhe said.Most Read from BloombergChina Takes the Yuan Global in Bid to Repel a Weaponized DollarZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinTD, First Horizon End $13 Billion Merger as Regulators StallBank Drama Rages On; Apple Climbs in Late Trading: Markets WrapPacWest Is Weighing Strategic Options, Including Possible
Simply Wall St.There's Been No Shortage Of Growth Recently For Newcrest Mining's (ASX:NCM) Returns On Capital
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...
- Newsfile
Newcrest Mining Limited - Quarterly Report - 31 March 2023
For the three months ended 31 March 2023(figures are unaudited and in US$ except where stated)On track for Group FY23 production guidance after solid Q3 performance1,2 Corporate updateNewcrest granted Newmont exclusive due diligence following revised non-binding indicative proposal in April 2023 to acquire 100% of the issued shares of Newcrest Safety and sustainabilityThird consecutive quarter of reduced injury rates with zero recordable injuries at Cadia and LihirKey trials and ...
- Reuters
UPDATE 2-Australian miner Newcrest's gold production misses analysts' estimate
Takeover target Newcrest Mining on Thursday reported lower third-quarter gold output after facing production difficulties at its Cadia project in Australia, missing a consensus forecast by nearly 10%. The miner posted a third-quarter gold output of 509,637 ounces (oz) of the precious metal, marginally below the 512,130 oz produced in the December quarter. Consensus compiled by data provider Visible Alpha had estimated that the company would produce 568,000 oz of gold for the reported quarter, according to Sydney investment bank Barrenjoey.
- Simply Wall St.
Newcrest Mining Limited's (ASX:NCM) Stock Is Going Strong: Have Financials A Role To Play?
Most readers would already be aware that Newcrest Mining's (ASX:NCM) stock increased significantly by 31% over the past...
- Investing.com
6 big deal reports: Pioneer stock soars on Exxon buyout whispers | Pro Recap
Here is your daily Pro Recap of the biggest head-turning deal dispatches you may have missed this week: reports of Exxon's buyout talks with Pioneer, plus Emerson's agreement to take out National Instruments, Teck Resources' rejection of Glencore's overtures, and more. Pioneer Natural Resources (NYSE:PXD) shares rose more than 5% on Monday following the Wall Street Journal's report that the company held “preliminary talks” with Exxon Mobil (NYSE:XOM) about a possible acquisition.
- Newsfile
Newcrest and Newmont Enter into Exclusivity Deed
Melbourne, Australia--(Newsfile Corp. - April 14, 2023) - Further to the ASX announcement dated 11 April 2023, Newcrest Mining Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) provides the following update on the revised conditional and non-binding proposal from Newmont Corporation (Newmont) to acquire 100% of the issued shares in Newcrest, by way of a scheme of arrangement (Revised Proposal).Newcrest and Newmont have now entered into an exclusivity deed, satisfying a condition of Newmont's proposal.Un
- Reuters
Hurdles loom for Newmont's $19.6 bln bid for Australia's Newcrest
U.S.-based Newmont sweetened on Tuesday an earlier offer, dangling 0.400 of its shares for each Newcrest share held, in what it called its "best and final" offer. Newcrest's board, which in February unanimously rejected Newmont's previous offer of 0.380 shares for each of the Australian company's shares, has opened its books to Newmont for due diligence but has not given its recommendation to shareholders on the offer. "Importantly, board recommendation and (an) independent expert report still remain key hurdles," Morgan Stanley analyst Rahul Anand wrote in a report to clients on Wednesday.
InvestopediaNewmont Boosts Its Offer to Buy Newcrest to $19.5B
Gold miner Newmont (NEM) enhanced its offer to buy Australia's Newcrest in what would be the gold industry's largest ever acquisition.
Investor's Business DailyGold Stocks: Newmont Sweetens Newcrest Takeover Offer To Bolster Dominance
The world's largest gold producer, Newmont, seeks to strengthen its position with its bid for smaller Aussie rival Newcrest. Gold stocks were mixed.
Barrons.comThese Stocks Are Moving the Most Today: CarMax, Coinbase, Moderna, WW International, and More
CarMax jumps after posting better-than-expected fiscal fourth-quarter earnings, Coinbase surges after Bitcoin tops $30,000 for the first time in 10 months, and Moderna tumbles after an independent data board deems it too soon 'to declare early success' in one of the biotech's flu vaccine trials.