Australia Stock Alert

AUSTR

CLOSING UPDATE: Newcrest Mining up 3.0% in 2 days September 20, 2018 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 5th largest materials company by market capitalisation, extended its gains on Thursday, rising an additional 38.0c (or 1.9%) to trade at $A19.85. Trading volume was 1.8 times average at the end of the day. The shares have risen 57.0c (or 3.0%) over the past two trading days vs. the All Ordinaries Index which has risen 0.1% in the same period.

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

Undervaluation:

+ Price to Book of 2.1 [2.6]

Bullish Signals:

+ Tobin's Q Ratio is 1.3. Compared with the rest of the market the stock is undervalued.

+ Net profit margin has averaged 10% in the last 3 years. This is better than the sector average of 8.5% and suggests a high margin of safety.

Note

Newcrest Mining today is at a discount of 17.2% to the 12-month high of $A23.97 on 29 Nov, 2017. It is at a premium of 6.9% to the 12-month low of $A18.57 on 06 Sep, 2018.

The stock has outperformed 63% of the Australian market over the past 6 months.

Bearish Signals:

The negative 0.21 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal.

In the last three months the stock has hit a new 52-week low thrice.

The price dropped 3.7% in the last month.

As per the Du Pont analysis, Return on Equity is less than stellar at 4.4%. Also, this has deteriorated from 4.8% last year.

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

Overvaluation:

Price/Sales of 4.4 [2.4]

Dividend yield of 1.7% [5.5%]

Return on Equity 4.4% [10.6%]

Return on Assets 2.8% [5.4%]

Return on Capital Employed 5.6% [11.0%]

TODAY'S ALERT

Morning Alert: Newcrest Mining increases 0.5%

September 20, 2018 11:00:00 AEST

Newcrest Mining Limited (ASX:NCM) has increased 10.0c (or 0.5%) to trade at $A19.57.

RECENT ALERTS

CLOSING UPDATE: Newcrest Mining decreases 1.4%, led S&P/ASX All Ordinaries Gold lower

September 18, 2018 16:00:00 AEST

Newcrest Mining, Australia's 5th largest materials company by market capitalisation, has decreased 1.4% to trade at $A19.28 vs. the S&P/ASX All Ordinaries Gold which weakened 51.2 points (or 1.1%) to 4,601.5. Representing a weighting of about 40.6% of the index, the stock accounted for 51.0% of today's loss. Trading volume was 1.2 times average at the end of the day. Compared with the All Ordinaries Index which fell 24.4 points (or 0.4%) in the day, this represented a relative price change of -1.0%.

Morning Alert: Newcrest Mining decreases 1.4%

September 18, 2018 11:00:00 AEST

Newcrest Mining Limited (ASX:NCM) has decreased 28.0c (or 1.4%) to trade at $A19.27.

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

ISIN: AU000000NCM7

PermID: 4295857460

Source: www.BuySellSignals.com