NCM.AX Newcrest Mining ASX A$23.35 after hours 26 Feb 2026: 106.79M vol

NCM.AX stock closed after hours at A$23.35 on 26 Feb 2026, down 1.27% on heavy activity with 106.79M shares traded on the ASX. The move came inside a daily range of A$22.97–A$23.62 and sits below the 50‑day average of A$25.44. Traders named Newcrest Mining Limited (NCM.AX) among the market’s most active names as liquidity spiked roughly 24.52x its average, keeping the ticker in focus for short‑term traders and longer‑term investors assessing valuation and catalysts.

NCM.AX stock: after‑hours price action and volume

Newcrest Mining Limited (NCM.AX) traded A$23.35 after hours on 26 Feb 2026, down A$0.30 or 1.27% from the prior close of A$23.65. Volume for the session was 106.79M versus an average of 4.35M, producing a relative volume of 24.52. The intraday low was A$22.97 and the high A$23.62, underlining wide participation. One clear reading: the stock is a top mover in the ASX after‑hours window, where large block trades and index rebalancing often amplify price moves.

NCM.AX stock: fundamentals and valuation metrics

Newcrest’s trailing EPS is A$1.33 with a trailing PE of 17.56. Market capitalisation sits near A$20.88B with 894.23M shares outstanding. Key ratios include price/book 1.27, debt/equity 0.17, and current ratio 1.68. Free cash flow per share is A$0.56 and payout ratio roughly 61.31%, based on reported dividend per share A$1.66. These metrics place NCM.AX stock in a mid‑range valuation among ASX gold peers, offering income through a material dividend while retaining moderate leverage.

NCM.AX stock: technical levels and trading context

Technically, NCM.AX sits below both the 50‑day average (A$25.44) and the 200‑day average (A$25.93), an often watched short‑term bearish signal. Immediate support is the session low A$22.97; near‑term resistance clusters at A$25.44 and the year high A$30.28. Traders should note a high intraday spread and the large volume spike, which increases short‑term volatility but improves liquidity for size trades.

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

Meyka AI rates NCM.AX with a score out of 100: 65.02 (Grade B) with a suggestion: HOLD. This grade factors S&P 500 benchmark comparison, sector and industry performance, financial growth, key metrics, forecasts, analyst consensus, and fundamental growth. Meyka AI’s forecast model projects a one‑year price target of A$38.75, implying an upside of 65.99% from the current A$23.35. Forecasts are model‑based projections and not guarantees. For context, Meyka’s three‑year model sits at A$47.12 and five‑year at A$54.31, useful as scenario anchors rather than fixed targets.

NCM.AX stock: catalysts, sector backdrop and risks

Key catalysts include operational updates from Cadia, Telfer and Havieron, gold price moves and any production guidance revisions. The Basic Materials sector is showing positive daily momentum, and miners often track metal prices and macro sentiment. Principal risks for NCM.AX stock are operational disruptions, permitting or geopolitical issues at international assets, and weaker gold prices. Balance‑sheet strength (interest coverage 9.15) mitigates funding risk, but commodity cyclicality keeps volatility elevated.

NCM.AX stock: trading idea and analyst price targets

For most‑active traders the setup is clear: short‑term range trades between A$22.97 support and A$25.44 resistance, with stops near A$22.00 to limit downside. Analyst‑style price targets to consider: conservative A$28.00, base A$35.00, and upside aligned to Meyka five‑year A$54.31. Position sizing should reflect mining sector volatility and company‑specific catalysts. Use limit orders when liquidity surges to avoid slippage on large fills.

Final Thoughts

NCM.AX stock is among the ASX’s most active names after hours on 26 Feb 2026, trading at A$23.35 on 106.79M shares. Valuation sits at a trailing PE of 17.56 with solid balance‑sheet metrics and a meaningful dividend per share A$1.66. Meyka AI’s forecast model projects A$38.75, implying 65.99% upside from today’s level; this projection is model‑based and not a guarantee. For traders, the immediate range is A$22.97–A$25.44; for investors, the grade B (65.02/100) signals a hold with upside tied to operational execution and gold price strength. Monitor production updates, gold markets, and volume spikes for clearer entry or exit signals. Meyka AI’s coverage provides an AI‑powered market analysis platform view, but investors should combine this with company reports and broader macro data before acting.

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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.