NCM.AX Newcrest Mining (ASX) A$23.35 14 Mar 2026: High intraday volume, watch key levels

NCM.AX stock is trading at A$23.35 on the ASX intraday on 14 Mar 2026, down A$0.30 (-1.27%) as volumes spike to 106,785,449 shares. The move marks active trading versus an average daily volume of 4,354,702 and keeps Newcrest Mining Limited (NCM.AX) well inside its A$16.93–A$30.28 52-week range. Traders are watching levels near the 50-day average A$25.44 and the 200-day average A$25.93, a setup that ties headline flow to both fundamentals and technical triggers.

Intraday price and volume snapshot for NCM.AX stock

NCM.AX opened at A$23.24 and has traded between A$22.97 and A$23.62 today. Volume of 106,785,449 shares is roughly 24.52x the average, making Newcrest one of the ASX most active names this session.

High relative volume suggests short-term liquidity and order flow are driving the price more than fresh fundamental news. Watch the intraday range for breakouts above A$23.62 or stalls under A$22.97 as immediate signals.

NCM.AX stock: Fundamentals and valuation

Newcrest Mining (NCM.AX) reports EPS of A$1.33 and trades at a P/E of 17.56, based on the current price of A$23.35. Book value per share is A$13.10 and price-to-book is approximately 1.25, indicating modest premium versus accounting value.

The company shows operating cash flow per share of A$1.80 and free cash flow per share of A$0.56. Debt-to-equity sits near 0.17, and dividend per share is A$1.63, which implies a current yield of about 6.98% at today’s price. These metrics support a valuation that is fair relative to large gold peers.

Technical levels, momentum and trading signals

Price sits below both the 50-day A$25.44 and 200-day A$25.93 simple averages, signalling short-term weakness to trend-following models. The intraday range and the high relative volume increase the probability of a directional breakout.

Key intraday levels to monitor: support A$22.95 and resistance A$25.44. A sustained move above A$25.50 could attract momentum buyers; failure under A$22.95 would open the A$21.00–A$20.00 area.

Meyka AI rates NCM.AX with a score out of 100

Meyka AI rates NCM.AX with a score out of 100: Score 64.96 | Grade B | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus.

The grade reflects solid cash flow, moderate leverage (debt-to-equity 0.17), and a dividend policy that supports income investors, offset by commodity cyclicality and recent share underperformance versus the 50-day trend.

Meyka AI’s forecast model projects NCM.AX stock price path

Meyka AI’s forecast model projects a 1-year price of A$38.75, a 3-year price of A$47.12, and a 5-year price of A$54.31. Compared with the current price A$23.35, the 1-year projection implies an upside of 65.98%, and the 3-year projection implies 101.80%.

Forecasts are model-based projections and not guarantees. They are driven by commodity price assumptions, production guidance, and capital allocation trends and should be used as scenario inputs rather than fixed targets.

Sector context, catalysts and risk factors for NCM.AX stock

Newcrest sits in the Basic Materials sector and the Gold industry, where YTD sector performance is modestly positive but volatile. Commodity prices, exploration success, and geopolitical exposure in Papua New Guinea and Canada are primary catalysts and risks.

Near-term catalysts include quarterly production updates and any changes to dividend policy. Key risks are sustained lower gold prices, operational setbacks at Cadia/Telfer, and cost inflation that would pressure margins.

Final Thoughts

Intraday trading places NCM.AX stock at the centre of active flows on the ASX with price A$23.35 and unusually high volume of 106,785,449 shares, signalling trader interest and liquidity. Fundamentals show EPS A$1.33, P/E 17.56, book value A$13.10, and a dividend per share of A$1.63 that yields about 6.98% at current levels. Meyka AI’s forecast model projects A$38.75 in one year, implying an upside of 65.98% versus today’s price; longer-term projections lift the case further. Our Meyka grade (B, HOLD) balances solid cash flow and low leverage against sector cyclicality and technical weakness below the 50-day and 200-day averages. For intraday traders the priority is monitoring the A$22.95–A$25.50 band. For longer-term investors, use production updates and commodity outlook as decision points. Forecasts are model-based projections and not guarantees.

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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.