Newcrest Mining (OTCMKTS:NCMGY) Share Price Passes Below 50 Day Moving Average – Time to Sell?

Newcrest Mining Limited (OTCMKTS:NCMGYGet Free Report) crossed below its 50-day moving average during trading on Wednesday . 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 trading hands.

Newcrest Mining Stock Up 2.8 %

The firm has a fifty day simple moving average of $15.59 and a 200 day simple moving average of $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

(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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