Newcrest Mining Ltd NCMGF

Primary Symbol: A.NCM

Metals & Mining Gold

Newcrest Mining Limited is an Australia-based mining company. The Company's principal activities are exploration, mine development, mine operations and the sale of gold and gold/copper concentrate. The Company owns and operates a portfolio of brownfields and greenfields exploration projects. The Company’s assets include Brucejack, Cadia, Havieron, Lihir, Red Chris, Telfer and Wafi-Golpu. The Brucejack asset is located approximately 950 kilometers (km) from Vancouver, Canada. The Cadia asset is located approximately 25 km from Orange, New South Wales (NSW). The Havieron asset is located approximately 45 km east of Telfer. The Lihir asset is located on the Niolam Island, approximately 900 km from Port Moresby, Papua New Guinea (PNG). The Red Chris asset is located approximately 1,700 km from Vancouver, Canada. The Telfer asset is located approximately 400 km from Port Hedland, WA. The Wafi-Golpu asset is located approximately 65 km from the city of Lae, PNG.

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Newcrest Mining Ltd

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Post by sailor8on Nov 20, 2019 10:27am

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Post# 30373546

Next years estimate earnings KL versus PVG

Of course you can honor also Kirkland Lake Golds estimated earnings for next year: Est. 2020 earnings there is 2.90 $.

The quote of KL is now 49.33. This equals for a 2020 PE ratio of 17.

Versus most recent Cormak estimate for PVG:

2020 est earnigs = 1.35 for PVG. Quote now 9.50 $, This equals for a 2020 PE ratio of 7.

Actual 2020 PE ratio of 17 at KL versus 7 at PVG. It is everybodies own choice where to put money.

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And also there is Barrick for example, with est. 2020 earnings = 0.64 $. Quote now: 17.19 $. Next year PE ratio = 27...

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