Newcrest - incredible strengthnessWhat you see is what you get.
Expect setback around 4-8%. Afterwards rising prices.
There must be insider knowledge which will be soon reach the normal one.
Together with rising silver prices , very strong buy.
Key stats
Market capitalization
15.758BUSD
Dividends yield (FY)
1.75%
Price to earnings Ratio (TTM)
17.95
Basic EPS (TTM)
1.00USD
About Newcrest Mining Ltd
ISIN
US6511911082
Sector
Non-Energy Minerals
Industry
Precious Metals
Website
newcrest.com.au
CEO
Sherry Duhe
Headquarters
Melbourne
Founded
1966
Newcrest Mining Ltd. engages in the exploration, development, and operations of mines. It operates through the following segments: Cadia, Telfet, Lihir, Gosowong, Red Chris JV, and Exploration and Projects. The company was founded in 1966 and is headquartered in Melbourne, Australia.
NCM LongAbove upward sloping 20, 50 SMA
RSI above 50
MACD positive and above signal line
The configuration is positive
Target = last year's support turned resistance
Newcrest Mining Australia Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
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Is it time to consider RIO or BHP?
Fundamentally sound - both BHP and RIO
Iron ore prices testing key trend line support on longer-term charts Weekly
BHP is testing 0.618 and RIO 0.5 FIBs
Gold miners NST and NCM testing support but need more confirmation as they are sensitive to USD fluctuations.
Possible trading options:
NCM - discounted gold & copper miner- Price (once again) bounced off a prominent trend line going back to 2015
- Price broke the diagonal downtrend line a few days ago, suggesting a bullish sentiment.
- Being a gold and copper miner and the electrification movement globally needing more and ore Copper, I expect NCM to benefit
- Fundam
$NCM bearflag made measured move now.. let's seeNCM $GOLD made MM from bearflag... now let's see.
It's now at the bottom of a MUCH bigger bearflag - making her mind up. If it slips, I'll be outsies
Fkn $gold ey!
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Income Statement
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