NEWCREST MNG LT/ADR (OTCMKTS:NCMGY) Lowered to “Sell” at ValuEngine

ValuEngine downgraded shares of NEWCREST MNG LT/ADR (OTCMKTS:NCMGY) from a hold rating to a sell rating in a report published on Wednesday, ValuEngine reports.

Separately, Goldman Sachs Group lowered NEWCREST MNG LT/ADR from a neutral rating to a sell rating in a research report on Wednesday, July 10th. Four equities research analysts have rated the stock with a sell rating and one has given a hold rating to the company’s stock. The stock presently has a consensus rating of Sell.

Shares of OTCMKTS NCMGY traded up $0.23 during mid-day trading on Wednesday, hitting $24.27. 14,841 shares of the stock traded hands, compared to its average volume of 30,659. NEWCREST MNG LT/ADR has a 52 week low of $13.57 and a 52 week high of $26.45. The stock has a fifty day moving average price of $24.17 and a 200-day moving average price of $21.23.

About NEWCREST MNG LT/ADR

Newcrest Mining Limited, together with its subsidiaries, engages in the exploration, mine development, mine operation, and sale of gold and gold/copper concentrates. It is also involved in the exploration of silver deposits. The company primarily owns and operates mines and projects located in Cadia and Telfer, Australia; Lihir, Papua New Guinea; Gosowong, Indonesia; Bonikro, Cote d'Ivoire; and other projects.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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