Shares of Newcrest Mining Limited (OTCMKTS:NCMGY – Get Free Report) shot up 2.8% during trading on Monday . The stock traded as high as $15.80 and last traded at $15.59. 1,225,600 shares traded hands during mid-day trading, an increase of 993% from the average session volume of 112,144 shares. The stock had previously closed at $15.16.
Newcrest Mining Price Performance
The company has a current ratio of 1.68, a quick ratio of 1.05 and a debt-to-equity ratio of 0.17. The business’s 50-day moving average is $15.59 and its 200-day moving average is $15.59.
About Newcrest Mining
Newcrest Mining (OTCMKTS:NCMGY) is an Australia-based gold mining company engaged in the exploration, development and production of gold and gold-copper concentrates. The company’s core operations encompass both large-scale open-pit and underground mines, and it holds interests in a diversified portfolio of mineral assets. Newcrest’s primary products include gold doré and gold-silver-copper concentrate, which are supplied to refiners and smelting facilities around the world.
Headquartered in Melbourne, Newcrest operates major mining projects across several geographies, including Australia, Papua New Guinea, Indonesia and Canada.
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