Should I buy Newcrest Mining stock in 2025?

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At HelloSafe, our expert has been tracking the performance of Newcrest Mining for over three years. Every month, hundreds of thousands of users in Australia trust us to decipher market trends and identify the best investment opportunities. Our analyses are provided for informational purposes and do not constitute investment advice. In accordance with our ethical charter, we have never been, and will never be, paid by Newcrest Mining.

What is Newcrest Mining?

The Newcrest Mining Stock Price

The price of Newcrest Mining stock is rising this week. The current share price on the ASX is 90.58 AUD, with a 24-hour change of -0.27% and a weekly increase of 3.4%. The company’s market capitalization is now 66.67 billion USD, with an average 3-month trading volume of 13.88 million shares. The P/E ratio stands at 13.64, the dividend yield is 1.72%, and the stock’s beta is 0.32, indicating lower volatility than the broader market. This stable performance highlights attractive potential in a strong gold sector backdrop.

Our full analysis of the Newcrest Mining stock

Having thoroughly reviewed Newcrest Mining's most recent financial results and the stock's three-year performance, we applied our proprietary algorithms to combine leading financial metrics, technical signals, up-to-date market data, and competitive intelligence. This holistic approach provides an expert view of where Newcrest Mining stands after the pivotal integration into Newmont Corporation. So, why might Newcrest Mining stock once again become a strategic entry point into the precious metals sector in 2025?

Recent performance and market context

Newcrest Mining, now part of Newmont Corporation, has demonstrated outstanding resilience and upward momentum over the past twelve months. The current ASX price is 90.58 AUD, reflecting a weekly gain of 3.4%, a six-month rally of over 57%, and an annual return of 37.9%. This robust performance is further underpinned by a market capitalisation of 66.67 billion USD and a consensus target suggesting additional upside.

The successful completion of Newcrest’s acquisition in late 2023 by Newmont has created the world’s pre-eminent gold producer, with synergistic benefits starting to flow. Highlights include the integration of top-tier Australian mines, improved operational scale, $500 million in expected annual pre-tax cost synergies, and $2 billion in cashflow optimisation within two years. Gold’s strength on global markets—now trading above $3,200 USD per ounce—continues to benefit the group, putting Newcrest Mining at the forefront of a sector enjoying long-term macroeconomic tailwinds: strong demand for safe-haven assets, inflationary pressures, and a global shift towards sustainable investments.

Technical analysis

Technical signals for Newcrest Mining remain positive. The stock price is trading above both its 50-day (49.34 USD) and 200-day (46.73 USD) moving averages, confirming the re-emergence of a bullish trend after the recent consolidation. The RSI on 14 days hovers between 50–55, indicating a healthy, non-overbought market structure, while the MACD continues to show upward momentum with a positive signal line.

Immediate support stands at 50.96 USD, well below current levels, with resistance at 60.31 USD—highlighting the proximity to new highs. Taken together, these signals suggest a favourable risk/reward profile and reinforce the prospect of additional upside, especially as volume and buying activity remain strong.

Fundamental analysis

Operationally, Newcrest Mining has reached a new level of scale and profitability post-acquisition. Recent financial reports show trailing twelve-month revenue of 19.67 billion USD and a net profit of 5.01 billion USD, underpinned by consistent 25.8% margins and a robust trailing EPS of 4.39 USD. These outcomes have consistently exceeded analyst forecasts, thanks to the effective integration of Newcrest’s premier gold assets and a continued focus on operational efficiency.

The stock’s price/earnings ratio is 13.64—a strikingly attractive entry point for a global industry leader—while a sustainable quarterly dividend yields 1.72%. The group’s capital discipline and targeted growth through brownfield projects and exploration underpin the resilience of its earnings stream. Structural strengths such as geographic diversification (assets in Australia, North America, Papua New Guinea, and Canada), industry-leading reserves (including more than 64 million ounces of gold) and a best-in-class management team further solidify its medium- and long-term fundamentals.

Notably, Newcrest’s pioneering work in ESG—net zero targets by 2050, fleet electrification, and renewable energy sourcing—continues to attract institutional capital and enhance its premium positioning in global equity portfolios.

Volume and liquidity

Average daily trading volume stands at 13.88 million shares, a testament to the stock’s robust liquidity and high institutional interest. This depth not only offers investors flexible entry and exit points but reflects sustained confidence from leading asset managers worldwide. The broad float and solid daily volume combine to support dynamic price discovery and efficient valuations, minimising slippage even for larger orders.

In the context of the ASX and international cross-listings, investors benefit from premium execution, transparency, and attractive transaction costs. This level of liquidity, rarely matched in the global mining sector, further strengthens the case for strategic accumulation.

Catalysts and positive outlook

The next phases of industrial and financial integration remain key bullish catalysts. Investors can anticipate:

• Synergies unlocking value: Over $500 million USD in expected annual synergies and $2 billion USD in cumulative cash improvements are already underway.
• Asset expansion: Ongoing investments in flagship projects like Cadia PC1-2 (Australia), Lihir Phase 14A (Papua New Guinea), and Red Chris (Canada) are poised to expand capacity and lower unit costs.
• Favourable gold prices: The price of gold, holding above $3,200 USD/oz, provides an earnings tailwind.
• ESG leadership and innovation: Ambitious net zero programs, automation, and electrified mining fleets position the group ahead of future regulatory and investor expectations.
• Stable outlook: Global diversification and operational excellence reduce single-country risk while supporting predictable cash generation.

For investors seeking exposure to the transformative upside in gold and copper, Newcrest Mining now possesses the scale, synergy potential, and catalyst pipeline to outpace sector peers in the upcoming cycle.

Investment strategies

The recent technical break above all major moving averages suggests momentum is in favour of new medium- and long-term entries. Investors looking for short-term opportunities may consider adding exposure on minor pullbacks near $85–$87 AUD, closer to moving average or technical support, while longer-term holders can take advantage of the ongoing sector consolidation and dividend yield.

Medium-termers can position ahead of forthcoming quarterly earnings and the continued roll-out of synergy benefits post-acquisition. For long-term investors, the stock’s combination of leading gold reserves, a top-tier operational portfolio, stable dividend, and an attractive valuation relative to global gold majors presents a compelling blend of growth and defensive characteristics.

• Short term: Momentum trading or accumulation on technical dips aligned with positive gold price action.
• Medium term: Strategic positions ahead of projected synergy realisation, cashflow targets, and new asset production milestones.
• Long term: Buy-and-hold exposure to a world leader with exceptional reserves, diversified cash flows, and structural growth from both commodity and ESG trends.

By focusing on these clear entry points—whether at key technical supports or in anticipation of confirmed catalysts—investors can build smart, conviction-weighted positions.

Is it the right time to buy Newcrest Mining?

All indicators point to Newcrest Mining—through Newmont’s Australian-listed shares—entering a new phase of revaluation and operational outperformance. The stock combines rare scale and earnings power, moderate valuation, strong liquidity, and sector leadership at a major inflection point for gold prices. With visible internal and external catalysts, steady dividend income, and a structural tilt toward sustainability and growth, the fundamentals justify renewed interest.

For Australian and global investors alike, Newcrest Mining seems to represent an excellent opportunity to access world-class assets in a favourable commodity environment, supported by robust financials and positive technical signals. While commodity stocks require attentive risk management, current conditions offer an appealing upside for those seeking both growth and resilience.

In summary, Newcrest Mining stands out as a cornerstone stock for forward-looking portfolios—driven by a resurgence in gold, sector consolidation, and disciplined capital allocation. While no investment is without risk, the current setup suggests a well-timed window for strategic entry into one of the mining world’s most dependable growth stories.

How to Buy Newcrest Mining Stock in Australia

Buying Newcrest Mining stock online is straightforward, secure, and easily accessible for Australian investors thanks to regulated brokers. You can choose between two main methods: buying the shares outright (spot/cash buying) or trading via CFDs (Contracts for Difference), each with its own mechanisms and risk profile. Selecting the right approach depends on your objectives and understanding of how each method works—including fees and leverage. For an overview of the best brokers to buy Newcrest Mining shares, see our comparison further down the page.

Spot buying

A cash purchase means you buy and directly own Newcrest Mining shares, becoming a part-owner of the company. Standard fees for this method on Australian platforms are typically a fixed commission per buy or sell order, generally ranging from $5 to $15 AUD. You also benefit from dividends and can hold your shares as long as you wish.

Gain scenario

If the Newcrest Mining share price is $90.58 AUD, you can buy around 11 shares with a $1,000 stake, including a brokerage fee of around $5.

If the share price rises by 10%, your shares are now worth $1,100.

Result: +$100 gross gain, i.e. +10% on your investment.

Trading via CFD

CFD (Contract for Difference) trading lets you speculate on the price movement of Newcrest Mining shares without owning them. You gain the flexibility to trade with leverage (often up to 5x or more), which can amplify both returns and risks. With CFDs, brokers typically charge a spread (difference between buying and selling prices) and, if you hold leveraged positions overnight, a daily financing fee.

CFD Position Gain Scenario

You open a CFD position on Newcrest Mining shares, with 5x leverage. This gives you a market exposure of $5,000.

✔️ Gain scenario: If the stock rises by 8%, your position gains 8% × 5 = 40%.

Result: +$400 gain, on a bet of $1,000 (excluding fees).

Final advice

Before investing, it’s essential to compare brokers for their fees, platforms, and service quality—our comparator below can help you choose. The decision between cash buying and CFD trading depends on your investment goals, risk tolerance, and preferred strategy. By choosing the approach that suits you best, you can participate in the gold sector’s growth with confidence and clarity.

Our 7 tips for buying Newcrest Mining stock

The latest news about Newcrest Mining

Newcrest Mining assets now operate under Newmont with renewed focus on Australian gold production. Following the completed acquisition, Newmont has publicly committed to strengthening its operational base in Australia, notably through the strategic expansion of key mines inherited from Newcrest Mining, such as the Cadia site, which remains a pillar of local gold output and employment.

Recent financial results show robust performance from Australian operations, exceeding expectations. In the reported period closing this week, Newmont’s Australian assets (formerly Newcrest Mining) delivered higher-than-expected output and profitability. This strong showing contributed to the company’s overall beat on analyst forecasts, reflecting successful integration and ongoing value generation from these cornerstone projects.

Australian gold sector momentum supports a favourable outlook for Newcrest Mining-linked assets. The gold price remains at a historical high, with the Australian dollar-denominated spot price above AUD 3,200/oz, directly enhancing the profitability of local operations. Demand for physical gold and gold-backed instruments also remains distinctly strong across Australia, benefiting Newmont’s regional production base.

Technical signals point to bullish momentum for Newmont shares traded on the ASX. Shares (NEM: ASX) remain above key moving averages, with a positive MACD and stable RSI (50-55) signalling continued investor optimism. The technical structure underpins a medium-term uptrend, which can be attributed to strong Australian fundamentals as well as supportive international market dynamics.

Major expansion projects in Australia are proceeding, with Cadia PC1-2 ramp-up confirmed on schedule. Newmont’s latest disclosure confirms the timely advancement of the Cadia PC1-2 expansion—one of the flagship projects inherited from Newcrest Mining. This development strengthens Australia’s status within Newmont’s global portfolio and signals ongoing capital investment and long-term operational confidence in the country.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.