ValuEngine Upgrades NEWCREST MNG LT/ADR (NCMGY) to “Hold”

ValuEngine upgraded shares of NEWCREST MNG LT/ADR (OTCMKTS:NCMGY) from a sell rating to a hold rating in a research note released on Friday.

NCMGY traded up $0.18 during trading hours on Friday, hitting $14.29. The company’s stock had a trading volume of 37,682 shares, compared to its average volume of 23,580. NEWCREST MNG LT/ADR has a 12 month low of $13.33 and a 12 month high of $18.95.

About NEWCREST MNG LT/ADR

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.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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