JPMorgan Chase & Co. downgraded shares of NEWCREST MNG LT/ADR (OTCMKTS:NCMGY) from a neutral rating to an underweight rating in a research note published on Thursday morning, The Fly reports.
Separately, ValuEngine upgraded shares of NEWCREST MNG LT/ADR from a sell rating to a hold rating in a report on Friday, January 31st.
OTCMKTS:NCMGY opened at $19.05 on Thursday. The firm’s 50-day moving average is $20.91 and its 200-day moving average is $22.27. NEWCREST MNG LT/ADR has a 52-week low of $16.63 and a 52-week high of $26.45. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.22 and a current ratio of 2.93.
NEWCREST MNG LT/ADR Company Profile
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.