NCM 0.47% $25.45 newcrest mining limited

NCM....Just to twist the knife

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    SYDNEY, June 11 (Reuters) - Newcrest Mining Ltd said on Tuesday it will make provisions at June 30, 2002 for surplus currency positions in 2002/03 and 2003/04 financial years.

    "At today's exchange rate the pre-tax loss relating to these provisions would amount to approximately A$80 million," the company said in a statement.

    Newcrest said the decision was an accounting provision, but not a close-out of its positions.

    Newcrest in April posted a third quarter net profit of A$1.3 million, down from A$12.5 million the previous quarter, due to bad gold and foreign currency hedge plays.

    Shares in Newcrest closed on Friday at A$8.18. Australian markets were closed on Monday for a public holiday.
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Mkt cap ! $22.72B
Open High Low Value Volume
$25.66 $25.86 $25.27 $53.79M 2.112M

Buyers (Bids)

No. Vol. Price($)
3 22612 $25.42

Sellers (Offers)

Price($) Vol. No.
$25.51 1000 1
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Last trade - 16.10pm 23/05/2022 (20 minute delay) ?
-0.120 ( 0.10 %)
Open High Low Volume
$25.72 $25.86 $25.27 324573
Last updated 15.59pm 23/05/2022 (live) ?
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