Newcrest (NCM) Shares Recommendation

Submitted by Craig Strzelecki on Thu, 03/08/2006 - 11:20.

UBS will be visiting Newcrest Mining's (NCM) Telfer site. This will assess their rating for the stock. Meanwhile the valuation stands at $9.01 with a share price target of $25 based on a P/NPV multiple of 1.7x operating assets.

Newcrest Mining Limited is listed on the Australian Stock Exchange (ASX) under stock code NCM. You can view their investor website here. The company was listed on 4 June, 1987 and is involved in the exploration, development, mining and the sale of gold. Check your charts!

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