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Newcrest increased profit and higher share price

All that glitters is Newcrest’s golden fortunes
Barry FitzGerald
August 18, 2009

LEADING gold producer Newcrest has been chased higher on the market after posting a better than expected June-year profit and again increasing dividends.

But chief executive Ian Smith said the market was still undervaluing the company, based on its five-year growth profile that envisages gold production surging by 40 per cent to 2.3 million ounces a year. Read article

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This entry was posted on Tuesday, August 18th, 2009 at 1:14 pm and is filed under Uncategorized. Both comments and pings are currently closed.



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