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.

ASX:NCM - Post by User

Newcrest Mining Ltd > Consensus Forward P/E = 13.09

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Comment by Smittleon Mar 02, 2020 12:18pm

78 Views

Post# 30756474

RE:Consensus Forward P/E = 13.09

February 28, 2020

Pretium Resources (NYSE:PVG) (TSE:PVG) last released its quarterly earnings results on Wednesday, February 12th. The basic materials company reported $0.18 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.08. The business had revenue of $135.50 million for the quarter, compared to analysts’ expectations of $173.18 million. Pretium Resources had a return on equity of 10.83% and a net margin of 8.44%. During the same quarter in the prior year, the firm posted $0.11 EPS.

A number of other research firms have also recently weighed in on PVG. HC Wainwright lowered their price target on Pretium Resources from $20.50 to $15.00 and set a “buy” rating on the stock in a report on Thursday, February 13th. Zacks Investment Research cut Pretium Resources from a “buy” rating to a “hold” rating in a report on Tuesday, February 18th. Royal Bank of Canada cut Pretium Resources from an “outperform” rating to a “sector perform” rating and lowered their price target for the stock from $20.00 to $16.00 in a report on Friday, November 1st. Alliance Global Partners cut Pretium Resources from a “buy” rating to a “neutral” rating in a report on Wednesday, February 12th. Finally, Roth Capital cut Pretium Resources from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $15.00 to $8.00 in a report on Wednesday, February 12th.

Nine investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Pretium Resources currently has an average rating of “Hold” and an average target price of $14.35.

sailor8 wrote:

PVG (Pretium):
Consensus Forward P/E

13.09

___________

source: https://www.morningstar.com

Take for example the 2 biggest Gold miners "Newmont "and "Barrick" to compare this figure. It is like buying a one ounce gold coin for just half the price, if you buy Pretium instead of Newmont or Barrick...

NEM (Newmont):
Consensus Forward P/E
22.94

GOLD (Barrick):
Consensus Forward P/E

28.33