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.

Newcrest Mining Trading Up 2.8 %

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

About Newcrest Mining

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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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