NEWCREST MNG LT/ADR (OTCMKTS:NCMGY) was downgraded by investment analysts at JPMorgan Chase & Co. from a “neutral” rating to an “underweight” rating in a research note issued on Thursday, The Fly reports.
Separately, ValuEngine upgraded NEWCREST MNG LT/ADR from a “sell” rating to a “hold” rating in a research report on Friday, January 31st.
Shares of NCMGY opened at $19.05 on Thursday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.22 and a current ratio of 2.93. The business has a 50-day simple moving average of $20.91 and a two-hundred day simple moving average of $22.27. NEWCREST MNG LT/ADR has a 52 week low of $16.63 and a 52 week high of $26.45.
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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