Newcrest Mining (OTCMKTS:NCMGY) Stock Price Up 2.8% – Time to Buy?

Newcrest Mining Limited (OTCMKTS:NCMGY)’s stock price rose 2.8% on Wednesday . The stock traded as high as $15.80 and last traded at $15.59. Approximately 1,225,600 shares were traded 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 Performance

The firm has a fifty day simple moving average of $15.59 and a two-hundred 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.

Newcrest Mining Company Profile

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.