JPMorgan Chase & Co. downgraded shares of NEWCREST MNG LT/ADR (OTCMKTS:NCMGY) from a neutral rating to an underweight rating in a report published on Thursday, The Fly reports.

Separately, ValuEngine raised NEWCREST MNG LT/ADR from a sell rating to a hold rating in a research report on Friday, January 31st.

NCMGY traded down $0.41 during trading on Thursday, hitting $19.05. 79,279 shares of the stock were exchanged, compared to its average volume of 57,719. NEWCREST MNG LT/ADR has a 1-year low of $16.63 and a 1-year high of $26.45. The stock has a fifty day moving average price of $20.93 and a two-hundred day moving average price of $22.29. The company has a current ratio of 2.93, a quick ratio of 2.22 and a debt-to-equity ratio of 0.26.


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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