In a report released today, Brian Quast from BMO Capital maintained a Hold rating on Newcrest Mining (NCMGY – Research Report), with a price target of A$25.00. The company’s shares opened today at $16.21.
Quast covers the Basic Materials sector, focusing on stocks such as Eldorado Gold, Newcrest Mining, and Argonaut Gold. According to TipRanks, Quast has an average return of 5.3% and a 48.17% success rate on recommended stocks.
Currently, the analyst consensus on Newcrest Mining is a Hold with an average price target of $17.01.
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The company has a one-year high of $21.01 and a one-year low of $10.23. Currently, Newcrest Mining has an average volume of 75.28K.
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Newcrest Mining Ltd. engages in the exploration, development, and operations of mines. It operates through the following segments: Cadia, Telfet, Lihir, Gosowong, Bonikro, Hidden Valley, and Exploration and Others. The company was founded in 1990 and is headquartered in Melbourne, Australia.
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