Newcrest Mining (OTCMKTS:NCMGY) Stock Price Breaks Below 50-Day Moving Average – What’s Next?

Newcrest Mining Limited (OTCMKTS:NCMGY – Get Free Report) shares passed below its fifty day moving average during trading on Thursday. The stock has a fifty 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 changing hands.

Newcrest Mining Stock Up 2.8%

The company has a quick ratio of 1.05, a current ratio of 1.68 and a debt-to-equity ratio of 0.17. The firm has a fifty day moving average price of $15.59 and a 200 day moving average price of $15.59.

Newcrest Mining Company Profile

(Get Free Report)

Newcrest Mining Limited was an Australian-based mining company focused on the exploration, development and production of gold and copper. Before its acquisition, the company operated large-scale mining assets and produced gold doré, gold concentrate and copper concentrate for global markets.

Newcrest’s principal operations included the Cadia mine in New South Wales, Australia; the Lihir mine in Papua New Guinea; the Brucejack and Red Chris mines in Canada; and the Telfer mine in Western Australia.

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