Newcrest Mining (OTCMKTS:NCMGY) Shares Up 2.8% – Here’s What Happened

Shares of Newcrest Mining Limited (OTCMKTS:NCMGYGet Free Report) were up 2.8% during trading on Thursday . The company traded as high as $15.80 and last traded at $15.59. Approximately 1,225,600 shares changed hands during mid-day trading, an increase of 993% from the average daily volume of 112,144 shares. The stock had previously closed at $15.16.

Newcrest Mining Price Performance

The firm’s 50 day moving average is $15.59 and its 200 day moving average is $15.59. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.05 and a current ratio of 1.68.

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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