A$23.35 intraday for NCM.AX Newcrest (ASX) 13 Jan 2026: heavy volume flags trade
NCM.AX stock is trading at A$23.35 intraday on 13 Jan 2026 after a heavy volume spike of 106,785,449 shares. The move follows a modest intraday drop of -1.27% from yesterday’s close and a wide relative volume of 24.52. Traders are watching how a sub-PE of 17.56 and book value near A$13.10 interact with gold sector momentum. Meyka AI provides this real-time market perspective and links to our NCM.AX dashboard for live metrics.
Intraday price action for NCM.AX stock
Newcrest Mining (NCM.AX) opened at A$23.24, hit a low of A$22.97 and a high of A$23.62 so far. The intraday decline of A$0.30 tracks a larger short-term weakness: the 50-day average is A$25.44 and the 200-day average is A$25.93, both above the current price. High turnover versus the 4,354,702 average volume signals active trading and potential short-term volatility.
Valuation and fundamentals driving NCM.AX stock moves
At A$23.35, Newcrest’s market cap stands near A$20.88B with EPS of A$1.33 and a P/E of 17.56. Key valuation ratios include price-to-book 1.20, EV/EBITDA 7.37, and free cash flow yield 3.57%. The balance sheet shows net debt to EBITDA around 0.70, and interest coverage near 9.15x, keeping leverage moderate for a gold producer.
Operational and sector drivers affecting NCM.AX stock performance
Newcrest’s asset base—Cadia, Telfer and Havieron—links NCM.AX to Australian gold output and copper exposure. Sector momentum in Basic Materials is positive year-to-date, lifting peers. Rising gold prices or higher copper grades would likely improve margins and free cash flow. Conversely, production hiccups or cost inflation would pressure near-term earnings and the stock’s 18.01x trailing multiples.
Technical signals and trading context for NCM.AX stock
Technically, NCM.AX sits below both the 50-day and 200-day averages, a neutral-to-bearish signal for trend-followers. Day range compression between A$22.97 and A$23.62 suggests short-term indecision. With year high A$30.28 and year low A$16.93, momentum traders may watch a break above A$25.44 for a re-rating or a fall below A$22.97 for accelerated selling.
Meyka AI grading and analyst-style outlook for NCM.AX stock
Meyka AI rates NCM.AX with a score out of 100: 65.11 / Grade B — HOLD. This grade factors in S&P 500 benchmark comparison, sector and industry performance, financial growth, key metrics, forecasts, and analyst consensus. The grade reflects solid fundamentals, moderate leverage, and valuation that looks fair versus peers, but it cautions on near-term volatility tied to commodity cycles.
Final Thoughts
Key takeaways for NCM.AX stock intraday: Newcrest is trading at A$23.35 on 13 Jan 2026 with unusually high volume of 106,785,449, flagging active repositioning by traders. Fundamentals remain intact with EPS A$1.33, P/E 17.56 and manageable net-debt metrics. Meyka AI’s forecast model projects a one-year target of A$38.75, implying an upside of 65.99% versus the current price. That projection is model-based and not a guarantee. For risk management we present a three-tier price range: conservative A$20.00, base A$30.00, and bullish A$38.75. Watch sector moves, production updates, and intraday volume as triggers for the next leg. For live tracking use our NCM.AX page on Meyka AI for real-time alerts and updated metrics.
FAQs
What is the current price and intraday range for NCM.AX stock?
NCM.AX stock is trading at A$23.35 intraday on 13 Jan 2026. The session low is A$22.97 and the high is A$23.62. Volume is elevated at 106,785,449 shares compared with an average of 4,354,702.
How does Newcrest’s valuation look for NCM.AX stock?
Valuation shows EPS A$1.33 and P/E 17.56, price-to-book 1.20 and EV/EBITDA 7.37. Free cash flow yield is about 3.57%. These metrics point to fair value versus major gold peers, with room to re-rate if commodity trends improve.
What is Meyka AI’s view and grade for NCM.AX stock?
Meyka AI rates NCM.AX with a score out of 100: 65.11, Grade B — HOLD. The grade balances sector comparison, growth, key metrics and forecasts. This is informational, not financial advice.
What is the short-term trading trigger for NCM.AX stock?
Short-term traders will watch a break above A$25.44 (50-day average) for bullish confirmation, or a drop below A$22.97 for accelerated downside. High intraday volume is signalling increased order flow and potential volatility.
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.
