A$23.35 NCM.AX Newcrest Mining ASX intraday 27 Jan 2026: forecast implies 65.98% upside
NCM.AX stock is trading at A$23.35 intraday on the ASX on 27 Jan 2026, down 1.27% from yesterday as volume surges. The share volume of 106,785,449 is roughly 24.52x the 30‑day average, putting Newcrest Mining Limited (NCM.AX) among the market’s most active names. Price drift sits between A$22.97 and A$23.62 today while the gold sector shows continued YTD strength in Australia. We outline valuation, balance‑sheet metrics, Meyka AI grading and a short price outlook for traders watching NCM.AX stock intraday.
Intraday snapshot: NCM.AX stock price action
NCM.AX stock opened at A$23.24 and is trading near A$23.35 with a day low of A$22.97 and day high of A$23.62. The intraday volume at 106,785,449 versus average volume 4,354,702 signals outsized retail or program activity and makes Newcrest one of the ASX most active names today.
Valuation and fundamentals: NCM.AX stock metrics
Newcrest Mining (NCM.AX) quotes a trailing EPS of A$1.33 and a PE ratio of 17.56, with market cap about A$20.88B. Key ratios include price/book 1.23, EV/EBITDA 7.58, and debt/equity 0.17, indicating moderate leverage and a near‑market valuation for a major gold producer. Free cash flow per share is A$0.56 and return on equity is 6.66%, which frames earnings power versus peers.
Operations and sector context: NCM.AX stock in the Basic Materials sector
Newcrest operates Cadia, Telfer, Havieron and international projects and sits in the ASX Basic Materials sector, where 3‑month performance is strong. The sector shows a one‑day lift and gold fundamentals remain supportive, which helps explain NCM.AX stock’s relative outperformance YTD of 12.04% versus broader indices.
Technical and liquidity signals for traders watching NCM.AX stock
Price sits below the 50‑day average A$25.44 and 200‑day average A$25.93, suggesting short‑term consolidation. Relative volume of 24.52 and a large intraday range make NCM.AX stock volatile today, favouring active traders using tight stops. Year high is A$30.28 and year low A$16.93, offering clear risk and target anchors.
Meyka AI grade and forecast: NCM.AX stock analysis
Meyka AI rates NCM.AX with a score out of 100: Score: 64.99 | Grade: B | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects a 12‑month price of A$38.75, versus the current A$23.35, implying 65.98% upside; forecasts are model‑based projections and not guarantees. For background see Newcrest investor resources Newcrest investor site and the Meyka stock page Meyka: NCM.AX.
Risks and catalysts for NCM.AX stock
Primary risks include spot gold price moves, operational disruptions at major mines, and permitting or geopolitical setbacks in project jurisdictions. Catalysts that could lift NCM.AX stock include stronger gold prices, positive production updates from Cadia or Havieron, and cost improvements that expand margins.
Final Thoughts
NCM.AX stock is trading intraday at A$23.35 on 27 Jan 2026 with unusually high volume that marks it among the ASX most active stocks today. Valuation metrics show a PE of 17.56 and a price/book of 1.23, consistent with a major gold producer carrying moderate leverage and steady cash flow. Meyka AI’s model projects a 12‑month target of A$38.75, implying 65.98% upside versus the current price, while a conservative near‑term target sits near the 52‑week high of A$30.28 and a downside stress case near A$18.00. Our Meyka AI grade — B, HOLD — balances solid fundamentals with sector cyclicality and operational risk. Active traders should use volume and intraday range to set tight stop losses; longer‑term investors should watch upcoming production reports and gold price momentum. Forecasts are model‑based projections and not guarantees; perform your own due diligence before trading NCM.AX stock.
FAQs
What is the current price of NCM.AX stock?
NCM.AX stock is trading intraday at A$23.35 on 27 Jan 2026 with a day range of A$22.97–A$23.62 and volume at 106,785,449 compared with average volume 4,354,702.
What price target does Meyka AI give for NCM.AX stock?
Meyka AI’s forecast model projects a 12‑month price of A$38.75, which implies 65.98% upside versus the current price of A$23.35; forecasts are model projections and not guarantees.
How does Newcrest’s valuation compare to peers?
Newcrest (NCM.AX) trades at PE 17.56 and PB 1.23, which is near sector norms for large diversified gold miners and reflects moderate leverage with EV/EBITDA about 7.58.
What are the main risks for NCM.AX stock?
Key risks include weaker gold prices, operational delays at Cadia or Havieron, cost inflation and geopolitical or permitting setbacks in project countries, any of which can pressure NCM.AX stock 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.
