Newcrest Mining (OTCMKTS:NCMGY) Shares Cross Below 50-Day Moving Average – Here’s Why

Newcrest Mining Limited (OTCMKTS:NCMGYGet Free Report)’s stock price passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $15.59 and traded as low as $15.38. Newcrest Mining shares last traded at $15.59, with a volume of 1,225,600 shares traded.

Newcrest Mining Trading Up 2.8 %

The stock’s 50-day moving average price is $15.59 and its two-hundred day moving average price is $15.59. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.68 and a quick ratio of 1.05.

About Newcrest Mining

(Get Free Report)

Newcrest Mining Limited, together with its subsidiaries, engages in the exploration, mine development, mine operation, and sale of gold and gold/copper concentrates. The company is involved in the exploration and production of silver deposits. It primarily owns and operates mines and projects located in Cadia, Telfer, and Havieron, Australia; Lihir and Wafi-Golpu, Papua New Guinea; and Brucejack and Red Chris, Canada.

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