The company’s shares closed last Monday at $18.10.
According to TipRanks.com, Spry is a 3-star analyst with an average return of 6.1% and a 52.3% success rate. Spry covers the Basic Materials sector, focusing on stocks such as Northern Star Resources Ltd, Sandfire Resources Limited, and Evolution Mining Limited.
Currently, the analyst consensus on Newcrest Mining Limited is a Moderate Buy with an average price target of $21.44.
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Newcrest Mining Ltd. engages in the exploration, development, and operations of mines. It operates through the following segments: Cadia, Telfet, Lihir, Gosowong, Bonikro, Hidden Valley, and Exploration and Others. The company was founded in 1990 and is headquartered in Melbourne, Australia.
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