Newcrest Mining (OTCMKTS:NCMGY) Stock Price Up 2.8% – Here’s Why

Newcrest Mining Limited (OTCMKTS:NCMGY) shares were up 2.8% during trading on Wednesday. The company traded as high as $15.80 and last traded at $15.59. 1,225,600 shares were traded during trading, an increase of 993% from the average session volume of 112,144 shares. The stock had previously closed at $15.16.

Newcrest Mining Stock Performance

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

Newcrest Mining Company Profile

Newcrest Mining was an Australian-based gold mining company that explored, developed and operated mines. Its principal products included gold and copper, with silver also produced as a by-product at some operations. Formed in 1990 through the merger of Newmont Australia and BHP Gold, Newcrest operated mines and projects in Australia, Papua New Guinea and Canada. Its assets included the Cadia and Telfer operations in Australia, the Lihir mine in Papua New Guinea, and the Brucejack and Red Chris mines in Canada.