ASX Share rice
Sat 08 Aug 2020 - 01:42:pm (Sydney)

NCM Share Price

NEWCREST MINING LIMITEDNCMMaterials

NCM Company Information

Name:

Newcrest Mining Limited

Sector:

Basic Materials

Industry:

Gold

GIC Industry:

Metals & Mining

GIC Sub Industry:

Gold

Address:

600 St. Kilda Road Melbourne VIC Australia 3004

Phone:

61 3 9522 5333

Full Time Employees:

5273

MD, CEO & Director:

Mr. Sandeep Biswas B.E.

Fin. Director, CFO & Exec. Director:

Mr. Gerard Michael Bond B.Com., C.A., BComm

Chief Operating Officer (Australia & Americas):

Mr. Philip Stephenson B.Sc.

Chief Technical & Projects Officer:

Mr. Suresh Vadnagra

Head of Investor Relations & Media:

Chris Maitland

Company Overview:

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; British Columbia, Canada; and other projects. Newcrest Mining Limited was founded in 1966 and is headquartered in Melbourne, Australia.

NCM Share Price Information

Shares Issued:

816.07M

Market Capitalisation:

$29.44B

Dividend per Share:

$0.33

Ex Dividend Date:

2020-02-20

Dividend Yield:

0.91%

Revenue (TTM):

$3.80B

Revenue Per Share (TTM):

$4.94

Earnings per Share:

$0.726

Profit Margin:

0.1473

Operating Margin (TTM):

$0.26

Return On Assets (TTM):

$0.05

Return On Equity (TTM):

$0.07

Quarterly Revenue Growth (YOY):

0.035

Gross Profit(TTM):

$1.09B

Diluted Earnings Per Share (TTM):

$0.726

QuarterlyEarnings Growth(YOY):

-0.006

NCM CashFlow Statement

CashFlow Date:

2019-06-30

Investments:

$-973,905,603.88

Change To Liabilities:

$43M

Total Cashflow From Investing Activities:

$-683,000,000

Net Income:

$799.94M

Total Cash From Operating Activities:

$1.49B

Depreciation:

$813M

Other Cashflow From Investing Activities:

$-196,000,000

Dividends Paid:

$-186,795,950.38

Change To Inventory:

$-5,000,000

Change To Account Receivables:

$-51,000,000

Sale Purchase Of Stock:

$-37,074,005.42

Capital Expenditures:

$439.18M

NCM Income Statement

Income Date:

2019-06-30

Income Before Tax:

$1.18B

Net Income:

$799.94M

Gross Profit:

$2.60B

Operating Income:

$1.28B

Other Operating Expenses:

$-38,000,000

Interest Expense:

$171.11M

Income Tax Expense:

$272M

Total Revenue:

$5.34B

Total Operating Expenses:

$1.31B

Cost Of Revenue:

$2.74B

NCM Balance Sheet

Balance Sheet Date:

2019-06-30

Intangible Assets:

$47.06M

Total Liabilities:

$6B

Total Stockholder Equity:

$10.79B

Other Current Liabilities:

$263M

Total Assets:

$16.88B

Common Stock:

$11.64B

Other Current Assets:

$4M

Retained Earnings:

$-5,201,768,144.87

Other Liabilities:

$1.40B

Other Assets:

$1.18B

Cash:

$2.28B

Total Current Liabilities:

$1.16B

Property - Plant & Equipment:

$7.82B

Net Tangible Assets:

$7.53B

Long-Term Investments:

$474.83M

Total Current Assets:

$3.40B

Long-Term Debt:

$2.84B

Net Receivables:

$131.18M

Short-Term Investments:

$13.48B

Inventory:

$821.33M

Accounts Payable:

$633.11M

Non Currrent Assets (Other):

$1.49B

Short-Term Investments:

$13.48

Non Current Liabilities Total:

$4.84B

NCM Share Price History

NCM News

10 Jul, 2020
The big shareholder groups in Newcrest Mining Limited (ASX:NCM) have power over the company. Generally speaking, as a...
17 May, 2020
Most readers would already be aware that Newcrest Mining's (ASX:NCM) stock increased significantly by 9.5% over the...
11 May, 2020
BHP-backed SolGold Plc, the copper-gold company focused on Ecuador, has agreed a financing package of up to $150 million with streaming company Franco-Nevada Corp to develop its Alpala project, sending its shares up by around 10%. Toronto-listed Franco-Nevada, which provides miners and oil and gas producers with upfront cash in exchange for future production, will receive a perpetual 1% net smelter return (NSR) interest from SolGold. An initial funding of $100 million could be increased to $150 million, which would also increase the NSR for Franco Nevada, the company said in a release.
08 May, 2020
Moody's Investors Service has affirmed the Baa2 long-term issuer rating of Newcrest Mining Limited and the Baa2 backed senior unsecured rating of Newcrest Finance Pty Ltd. At the same time Moody's assigned a Baa2 rating to the new backed senior unsecured notes to be issued by Newcrest Finance Pty Ltd. The outlook for both entities remains stable. SUCH USE WOULD BE RECKLESS AND INAPPROPRIATE.
30 Apr, 2020
Australia's biggest listed gold producer announced the rights issue, which would also fund development at its Red Chris operations in Canada and Haverion project in Western Australia, as it reported a 17% slump in third-quarter gold output, missing an analyst projection. "Newcrest its entering a growth phase ... going into that phase with good projects and with strong balance sheet ... is prudent," Chief Executive Sandeep Biswas said on a results call.
16 Apr, 2020
Those holding Newcrest Mining (ASX:NCM) shares must be pleased that the share price has rebounded 22% in the last...
30 Mar, 2020
While Newcrest Mining Limited (ASX:NCM) shareholders are probably generally happy, the stock hasn't had particularly...
18 Mar, 2020
MOSCOW/LONDON/MELBOURNE, March 18 (Reuters) - From using drones for field inspections to stockpiling cyanide, miners are scrambling to maintain output amid the coronavirus pandemic, a task made trickier in underground mines where social distancing is nearly impossible. While miners have faced some outages, due to government shutdowns in places like Peru and Mongolia, most production continues. In a defensive step, miners have begun stockpiling fuel, hydrofluoric acid, lime and other industry staples, including cyanide, which is used to extract gold from rock.
11 Mar, 2020
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Newcrest Mining Limited and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. Since 1 January 2019, Moody's practice has been to issue a press release following each periodic review to announce its completion.
03 Mar, 2020
Half Year 2020 Newcrest Mining Ltd Earnings Presentation
20 Feb, 2020
The extension will allow Newcrest additional time to consider exercising its option to enter into the earn-in phase of the Agreement. The earn-in phase consists of three stages whereby Newcrest can earn up to 75% of the Project over an eight-year period. See news release dated September 8, 2018 “GFG Signs Option and Earn-In Agreement with Newcrest to Advance the Rattlesnake Hills Gold Project” for complete details of the Agreement.
17 Feb, 2020
(Bloomberg Opinion) -- Bullion prices are at their highest in seven years, closing in on $1,600 an ounce. Gold held by exchange-traded funds is at all-time records and rising, thanks to worries over the economic damage inflicted by the coronavirus outbreak. Reserves, meanwhile, are depleting. It’s a heady mixture for miners, but perhaps not yet an intoxicating one.Take Polyus PJSC, Russia’s largest gold digger. The $17 billion company said last week that it would pay down debt before beginning to spend seriously on its $2.5 billion Sukhoi Log project, set to add 1.6 million ounces a year to supply. That’s quite a statement. This is one of the world’s lowest-cost producers, generating plenty of cash, holding one of most impressive untapped resources globally, at a time of rising prices. The mine promises significant extra output for a company that aims to produce 2.8 million ounces this year.  Even so, Polyus is resisting the urge to fast-track, with a roughly two-year  “transitional period” of planning before it begins in 2023.Granted, there are circumstances peculiar to Polyus that suggest conservative timing and financing is necessary. The miner is controlled by the son of Suleiman Kerimov, one of a handful of tycoons included in Washington’s 2018 sanctions list. A planned $900 million equity sale to Chinese conglomerate Fosun Group fell apart earlier that year, too. The project itself, meanwhile, is vast, and deep inside Russia, hardly a popular jurisdiction with foreign mining investors.Polyus’s conservative approach is noteworthy, nonetheless. This is an industry that has in general become far more cautious with big-bang projects after a string of boom-time efforts a decade ago, begun in haste and regretted at leisure. Barrick Gold Corp.’s Pascua Lama in South America started in 2000 as a $1.2 billion project; by the time it was shelved in 2013, the estimated cost had soared to $8.5 billion. Polyus learned its own lessons at its Natalka mine. It was trapped by falling prices in 2013 and construction eventually paused, before resuming in 2016. Certainly Sukhoi Log, first studied by Soviet geologists in the 1970s, comes with history and plenty of challenges. The size, at some 63 million ounces and as much of a quarter of Russia’s gold reserves, means it is the largest project on the industry’s horizon, by some way. For Polyus, it adds the equivalent of the annual output of its nearest rival, Polymetal International Plc. That gargantuan scale that leaves plenty of room for costs to spill over. There is processing to resolve, all on site, and transport logistics will be complex given the mine’s location. When I visited in 2012, the airport in the nearest settlement closed if it rained.But the geology isn’t unfamiliar to Polyus, already operating nearby. It will use conventional processing. And the miner’s overall expenses are low by global standards. Its all-in sustaining cost was $594 per ounce in 2019, against Barrick’s $894. That’s a substantial margin even if bullion prices sink to the $1,050 used in Polyus’s Sukhoi Log calculations. It’s all a far cry from the mood of the 2000s bull run, when gold shot up to $1,900 an ounce from $300 in just over a decade, and miners raced behind. The resulting value destruction was immense: Billions were spent on terrible projects and worse companies. A full 80% of the transaction value of the eight largest deals between 2001 and 2011 was impaired, according to a McKinsey & Co. study published last year. The industry’s return on capital between 2010 and 2016 was a pathetic 2.6%.With the gold price trending higher after a couple of years around $1,200 to $1,300, deals have come back, and cashflows are helping exploration budgets rise. It’s notable that M&A discussions are beginning to build in prices closer to $1,500 than the $1,200 or so of recent years. It’s exuberance that hasn’t quite fed through to mega projects.Polyus’s muddy knoll in bleak eastern Siberia has enough gold beneath it to rival behemoths like Grasberg, in Indonesia. As prices climb and buccaneering projects like Newcrest Mining Ltd. and Harmony Gold Mining Co.’s Wafi-Golpu in Papua New Guinea are  back in discussion, the question is whether Polyus sets a trend, or becomes the judicious exception. To contact the author of this story: Clara Ferreira Marques at cferreirama@bloomberg.netTo contact the editor responsible for this story: Matthew Brooker at mbrooker1@bloomberg.netThis column does not necessarily reflect the opinion of Bloomberg LP and its owners.Clara Ferreira Marques is a Bloomberg Opinion columnist covering commodities and environmental, social and governance issues. Previously, she was an associate editor for Reuters Breakingviews, and editor and correspondent for Reuters in Singapore, India, the U.K., Italy and Russia.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
03 Feb, 2020
Today we'll look at Newcrest Mining Limited (ASX:NCM) and reflect on its potential as an investment. Specifically...
16 Jan, 2020
Barrick Gold Corp is set to elevate its troubled Papua New Guinea mine to its top-tier assets, despite landowner and government demands to cede a larger stake and deteriorating security at the joint venture with China's Zijin Mining. With a 20-year lease renewal application in the balance, Barrick has faced backlash from Papua New Guinea (PNG) landowners and residents. Critics say the Porgera mine has polluted the water supply and created other environmental and social problems, with minimal economic returns for locals.
The drill program, consisting of 3,900 metres of core drilling in three holes, tested multiple gold targets proximal to the North Stock deposit (See Table 1 and Figures 1 and 2). This initial test of the North Deep and South Deep targets outlined encouraging and widespread alteration, brecciation, sulphidation and multiple porphyry bodies; however, results from this test returned relatively low gold grades.
15 Jan, 2020
Barrick Gold Corp is set to elevate its troubled Papua New Guinea mine to its top-tier assets, despite landowner and government demands to cede a larger stake and deteriorating security at the joint venture with China's Zijin Mining. With a 20-year lease renewal application in the balance, Barrick has faced backlash from Papua New Guinea (PNG) landowners and residents. Critics say the Porgera mine has polluted the water supply and created other environmental and social problems, with minimal economic returns for locals.

NCM Dividend Payments

EX-Date Dividend Amount
2010-03-21$0.0500
2010-09-27$0.2000
2011-03-20$0.1000
2011-09-26$0.2000
2012-03-18$0.1200
2012-09-24$0.2300
2013-03-17$0.1200
2016-09-21$0.0982
2017-03-21$0.0979
2017-09-20$0.0942
2018-03-20$0.0969
2018-08-28$0.1505
2019-02-19$0.1047
2019-08-22$0.2146
2020-02-19$0.1136

NCM Dividends (last 9 Years)