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NEM Makes Notable Cross Below Critical Moving Average

By Metals Channel Staff, Wednesday, April 7, 4:07 PM ET

In trading on Wednesday, shares of Newmont Corp (NYSE:NEM) crossed below their 200 day moving average of $62.12, changing hands as low as $61.69 per share. Newmont Corp shares are currently trading down about 1.4% on the day. The chart below shows the one year performance of NEM shares, versus its 200 day moving average:

Newmont Corp 200 Day Moving Average Chart

Looking at the chart above, NEM's low point in its 52 week range is $49.36 per share, with $72.22 as the 52 week high point — that compares with a last trade of $61.96. The NEM DMA information above was sourced from TechnicalAnalysisChannel.com


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