Australia Stock Alert

AUSTR

CLOSING UPDATE: Newcrest Mining keeps rising: up 5.6% in 3 days July 25, 2017 16:00:00 AEST

NEWS BITES - AUSTRALIA

This is an end of day Alert, produced after today's Australian market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Newcrest Mining, Australia's 4th largest materials company by market capitalisation, extended its gains on Tuesday, rising an additional 81.0c (or 4.1%) to trade at $A20.57. Trading volume was 1.2 times average at the end of the day. The shares have risen $A1.10 (or 5.6%) over the past three trading days vs. the All Ordinaries Index which has fallen 0.5% in the same period.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Undervaluation:

+ Price to Book of 1.8 [2.3]

+ Return on Capital Employed 5.7% [1.8%]

Bullish Signals:

+ Tobin's Q Ratio is 1.1. Compared with the rest of the market the stock is undervalued.

Note

Newcrest Mining today is at a discount of 19.9% to the 12-month high of $A25.70 on 01 Aug, 2016. It is at a premium of 26.4% to the 12-month low of $A16.28 on 16 Dec, 2016.

Bearish Signals:

The negative 0.27 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal.

In the Australian market, the stock's relative price strength percentile is falling at 48 for 6 months, 37 for 3 months and 32 for 1 month.

The price dropped 2.1% in the last month.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Overvaluation:

Price/Sales of 3.8 [2.3]

Dividend yield of 0.9% [3.0%]

TODAY'S ALERTS

Afternoon Alert: Newcrest Mining keeps rising: up 5.0% in 3 days

July 25, 2017 13:00:00 AEST

Newcrest Mining Limited (ASX:NCM) extended its gains on Tuesday, rising an additional 69.0c (or 3.5%) to trade at $A20.45. The shares have risen 98.0c (or 5.0%) over the past three trading days vs. the All Ordinaries Index which has fallen 0.4% in the same period.

Morning Alert: Newcrest Mining keeps rising: up 4.3% in 3 days

July 25, 2017 11:00:00 AEST

Newcrest Mining Limited (ASX:NCM) extended its gains on Tuesday, rising an additional 54.50c (or 2.8%) to trade at $A20.30. The shares have risen 83.50c (or 4.3%) over the past three trading days vs. the All Ordinaries Index which has fallen 0.6% in the same period.

RECENT ALERTS

CLOSING UPDATE: Newcrest Mining inches higher, resistance at 12-day EMA

July 24, 2017 16:00:00 AEST

Newcrest Mining, Australia's 5th largest materials company by market capitalisation, has increased 0.9% but fell short of the 12-day Exponential Moving Average [EMA] of $A19.84. Compared with the All Ordinaries Index which fell 33.2 points (or 0.6%) in the day, this represented a relative price increase of 1.5%.

Afternoon Alert: Newcrest Mining increases 1.0%, leads S&P/ASX All Ordinaries Gold higher

July 24, 2017 13:00:00 AEST

Newcrest Mining Limited (ASX:NCM) has increased 1.0% to trade at $A19.77 vs. the S&P/ASX All Ordinaries Gold which strengthened 43.7 points (or 1.1%) to 4,172.9. Representing a weighting of about 47.3% of the index, the stock accounted for 44.7% of today's gain.

Newcrest Mining Limited (AU:NCM; ASX:NCM; AX:NCM)

ISIN: AU000000NCM7

PermID: 4295857460

Source: www.BuySellSignals.com