Newcrest Mining Limited (OTCMKTS:NCMGY – Get Rating)’s stock price fell 0.2% on Friday . The stock traded as low as $18.67 and last traded at $18.90. 57,055 shares changed hands during mid-day trading, a decline of 53% from the average session volume of 121,688 shares. The stock had previously closed at $18.93.
Wall Street Analysts Forecast Growth
NCMGY has been the subject of several research analyst reports. Jefferies Financial Group lowered shares of Newcrest Mining from a “buy” rating to a “hold” rating in a research report on Thursday, February 16th. UBS Group cut Newcrest Mining from a “neutral” rating to a “sell” rating in a research note on Thursday, January 26th.
Newcrest Mining Stock Performance
The business’s 50-day simple moving average is $16.79 and its 200 day simple moving average is $14.42.
About Newcrest Mining
Newcrest Mining Ltd. engages in the exploration, development, and operations of mines. It operates through the following segments: Cadia, Telfet, Lihir, Gosowong, Red Chris JV, and Exploration and Projects. The company was founded in 1966 and is headquartered in Melbourne, Australia.
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