NEWCREST MNG LT/ADR (OTCMKTS:NCMGY) Cut to “Sell” at Goldman Sachs Group

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Goldman Sachs Group cut shares of NEWCREST MNG LT/ADR (OTCMKTS:NCMGY) from a neutral rating to a sell rating in a research note published on Wednesday, The Fly reports.

Separately, ValuEngine downgraded shares of Intersect ENT from a buy rating to a hold rating in a research report on Monday, June 3rd. Three research analysts have rated the stock with a sell rating, one has given a hold rating and one has assigned a buy rating to the company’s stock. The company currently has an average rating of Hold.

Shares of NEWCREST MNG LT/ADR stock opened at $22.49 on Wednesday. NEWCREST MNG LT/ADR has a twelve month low of $13.33 and a twelve month high of $22.86. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.97 and a current ratio of 2.92. The firm’s 50 day moving average is $20.77.


Newcrest Mining Limited, together with its subsidiaries, engages in the exploration, mine development, mine operation, and sale of gold and gold/copper concentrates. It is also involved in the exploration of silver deposits. The company primarily owns and operates mines and projects located in Cadia and Telfer, Australia; Lihir, Papua New Guinea; Gosowong, Indonesia; Bonikro, Cote d'Ivoire; and other projects.

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