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NCM

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$23.35 newcrest mining limited

That 52 week high figure is wrong.

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opednews

179 Posts.

07/02/23

17:04

Post #: 66123070

Originally posted by sbuck: ↑
Feels like NCM is undervalued to market based on the current.

With the potential of an increased offer or competing offer, I'm optimistic on NCM.

Obviously lots of variables here - particularly USD FX and Newmont share price.

If offer improves, USD strengthens, and Newmont shares price goes up, much bigger upside for NCM.
7-Feb 52 week high Recent high
1 Newmont share price $47.60 $84.00 $55.00
2 USD FX $0.69 $0.69 $0.69
3 Newmont share price (AUD) $68.99 $121.74 $79.71
4 NCM Value (0.38) $26.21 $46.26 $30.29
5 Current NCM value $24.50 $24.50 $24.50
6 Discount 7% 89% 24%

DYOR
Expand
That 52 week high figure is wrong.

NCM Price at posting: $24.95 Sentiment: Hold Disclosure: Held

1 Upvote

0 Great analysis

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Add NCM (ASX) to my watchlist

		7-Feb	52 week high	Recent high
1	Newmont share price	$47.60	$84.00	$55.00
2	USD FX	$0.69	$0.69	$0.69
3	Newmont share price (AUD)	$68.99	$121.74	$79.71
4	NCM Value (0.38)	$26.21	$46.26	$30.29
5	Current NCM value	$24.50	$24.50	$24.50
6	Discount	7%	89%	24%

That 52 week high figure is wrong.

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Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

BCI reaches close of funding facility for salt-first part of Mardie project

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

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