Newcrest Mining Limited (OTCMKTS:NCMGY – Get Free Report)’s stock price shot up 2.8% on Wednesday. The company traded as high as $15.80 and last traded at $15.59. Approximately 1,225,600 shares traded 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 Stock Up 2.8%
The firm has a 50 day moving average price of $15.59 and a 200-day moving average price of $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.
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.
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