Market Highlights US default on the table, Newcrest accepts takeover, and 5 ASX small caps to watch - Stockhead
NCMGFDelisted Stock | USD 18.00 0.04 0.22% |
Roughly 62% of Newcrest Mining's investor base is looking to short. The analysis of overall sentiment of trading Newcrest Mining pink sheet suggests that many investors are alarmed at this time. The current market sentiment, together with Newcrest Mining's historical and current headlines, can help investors time the market. In addition, many technical investors use Newcrest Mining stock news signals to limit their universe of possible portfolio assets.
Newcrest Mining pink sheet news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Newcrest daily returns and investor perception about the current price of Newcrest Mining as well as its diversification or hedging effects on your existing portfolios.
Newcrest |
Market Highlights US default on the table, Newcrest accepts takeover, and 5 ASX small caps to watch Stockhead
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Newcrest Mining Fundamental Analysis
We analyze Newcrest Mining's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Newcrest Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Newcrest Mining based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Asset
Current Asset Comparative Analysis
Newcrest Mining is currently under evaluation in current asset category among its peers. Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Newcrest Mining Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Newcrest Mining pink sheet to make a market-neutral strategy. Peer analysis of Newcrest Mining could also be used in its relative valuation, which is a method of valuing Newcrest Mining by comparing valuation metrics with similar companies.
Peers
Newcrest Mining Related Equities
ORZCF | Orezone Gold | 6.67 | ||||
TDRRF | Tudor Gold | 3.45 | ||||
GDRZF | Gold Reserve | 3.33 | ||||
ELEMF | Elemental Royalties | 1.23 | ||||
WDOFF | Wesdome Gold | 0.70 | ||||
OR | Osisko Gold | 0.36 | ||||
BBSRF | Bluestone Resources | 4.35 | ||||
LGDTF | Liberty Gold | 4.55 | ||||
IAUX | I 80 | 4.55 | ||||
RMRDF | Radisson Mining | 5.56 | ||||
ASGOF | Asante Gold | 5.56 | ||||
RSRBF | Robex Resources | 10.33 |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Other Consideration for investing in Newcrest Pink Sheet
If you are still planning to invest in Newcrest Mining check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Newcrest Mining's history and understand the potential risks before investing.
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