Morningstar Reiterates Buy Rating for Newcrest Mining Limited (NCM)
Newcrest Mining Limited (ASX:NCM)‘s stock had its “buy” rating reiterated by investment analysts at Morningstar in a note issued to investors on Thursday, Stock Ratings News reports.
Shares of Newcrest Mining Limited (ASX:NCM) traded down 1.87% on Thursday, hitting A$11.050. 7,646,889 shares of the company’s stock traded hands. Newcrest Mining Limited has a 52 week low of A$6.960 and a 52 week high of A$22.940. The stock has a 50-day moving average of A$9.31 and a 200-day moving average of A$10.28. The company’s market cap is A$8.460 billion.
Newcrest Mining Limited (ASX:NCM) is a gold, copper and silver producer that has operations and exploration projects in Australia, the Pacific region, Asia and West Africa.
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