NCM
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2.75% $28.78 newcrest mining limited

Upward momentum, page-151

  1. Happy!Days!
    741 Posts.
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    11/09/18
    16:09
    Post #: 35526590
    Debt levels lol???

    Its got a 12% gearing ratio, and sitting on $953M USD in cash. They have a lower gearing ratio than BHP.

    They have ample room to fund growth and do future returns.

    Once gold turns, we're laughing.
    NCM Price at posting: $19.07 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
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