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Newcrest Mining Ltd NCMGF Stock Quote

| Rating as of

PINX: NCMGF

Last close prices updated as of Jan 26, 2023, 3:43 PM EST | USD
  • Last Close 16.21617
  • Sector Basic Materials
  • Industry Gold
  • Investment Style Large Value
  • Day Range 16.09  –  16.50
  • Year Range 10.03  –  21.40
  • Market Cap 14.4925 Bil
  • Volume / Avg 42,250.0 /  43,369.5
  • Price / Sales 3.26
  • Price / Book 1.24
  • Forward Div Yield 1.69%
  • Trailing Div Yield 2.44%

Morningstar‘s Stock Analysis NCMGF

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1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

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Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies withratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating. Click here for more on how to use these ratings.

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Key Statistics NCMGF

Company Profile NCMGF

Business Description

Newcrest is an Australia-based gold and, to a lesser extent, copper miner. Operations are mainly in Australia and Papua New Guinea. The company also owns a 32% stake in the Fruta Del Norte gold mine in Ecuador, while the acquisition of Brucejack in 2022 adds to its 70% stake in the Red Chris mine in Canada. The company is likely to produce around 2 million ounces of gold per year over the next decade, making it one of the larger global gold producers but still only accounting for less than 2% of total supply. Cash costs are below the industry average and amongst the lowest of the global gold miners, underpinned by improvements at Lihir and Cadia. Organic growth options include its Havieron prospect, the Red Chris underground mine, and the high-grade Wafi-Golpu copper-gold prospect in PNG.

Contact
600 Saint Kilda Road, Level 8
Melbourne, VIC, 3004, AUS
Industry Gold
Employees 1,947

FAQs for Newcrest Mining Ltd Stock

Yes. NCMGF has a forward dividend yield of 1.69%. See NCMGF’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

NCMGF’s market cap is 14.49 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

NCMGF’s stock style is Large Value.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

NCMGF’s price/sales is 3.26.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

NCMGF’s price/forward earnings is 19.23.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

NCMGF’s price/book is 1.24.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See NCMGF’s valuation ratios compared to the Market Index.

NCMGF’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare NCMGF’s historical performance against its industry peers and the overall market.