NCM.AX November 2025 Analysis: Assessing the Next Move for Newcrest Mining Limited
Newcrest Mining Limited’s (ASX: NCM) stock price fell to A$23.35 recently, marking a -1.27% change. This shift comes amid heightened trading volumes and a fluctuating gold market, putting the spotlight on Australia’s leading gold miner.
Current Price Movement and Market Sentiment
As of November 2025, NCM.AX stands at A$23.35, down 1.27% from its previous close of A$23.65. The day witnessed a trading volume of 106,785,449, eclipsing its average volume of 4,354,702. This volume spike indicates increased market interest, potentially fueled by fluctuations in the gold market, which is critical to Newcrest’s operations. It’s crucial to note that stock prices can fluctuate based on market conditions, economic factors, and company-specific events.
Fundamental Analysis and Sector Overview
Newcrest’s current P/E ratio is 17.56, aligning closely with the Basic Materials sector’s average. The company’s EPS stands at A$1.33, supported by a revenue per share of A$5.04. The gold industry, known for its defensive qualities, is witnessing global economic uncertainty, potentially contributing to variable performance. With a market cap of A$20.88 billion, Newcrest holds a substantial position in the sector, aided by its robust pipeline in Australia and international markets like Papua New Guinea and Canada.
Historical Performance and Price Targets
Examining historical data from the past year, NCM.AX has moved within a range of A$16.93 to A$30.28. Despite a year-high, recent trends show a -10.47% change over six months. Analysts connected with Meyka AI project a yearly forecast target of A$34.60, based on ongoing operations and strategic expansions. Moreover, projections extend to a potential A$51.28 over the next five years, contingent on market conditions stabilizing.
Technical Indicators and Future Outlook
Technical indicators signal mixed short-term potential. The stock is trading below its 50-day and 200-day moving averages of A$25.44 and A$25.93, respectively. However, a relative surge in volume hints at potential volatility. Trading patterns suggest cautious optimism, with a sustained interest in the stock despite external pressures. Meyka AI highlights the importance of monitoring macroeconomic factors impacting gold prices and potential operational results expected in February 2024.
Final Thoughts
Newcrest Mining Limited continues to navigate a complex market landscape with strategic acumen. While current prices reflect short-term pressures, overall outlooks, supported by both fundamental and technical insights, suggest opportunities for resilience. Investors are advised to monitor forthcoming earnings and sector developments cautiously.
FAQs
As of the latest data, NCM.AX is priced at A$23.35, reflecting a -1.27% change from the previous close of A$23.65. This data highlights recent market fluctuations.
The spike in trading volume to 106,785,449 compared to the average of 4,354,702 suggests increased market activity. Potential drivers include fluctuations in the gold market and broader economic conditions.
Newcrest’s P/E ratio of 17.56 aligns with the Basic Materials sector average, indicating standard valuation against peers amid sector-specific challenges in the gold industry.
According to analyst consensus powered by Meyka AI, the projected price target for NCM.AX in the next year is A$34.60. Long-term targets suggest potential appreciation up to A$51.28 over five years, depending on market stability.
Gold prices, currency exchange rates, and geopolitical developments significantly impact Newcrest’s stock. Additionally, company-specific events, such as earnings releases and operational changes, also play critical roles.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
