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Newmont Mining Corp. Breaks Above 200-Day Moving Average - Bullish for NEM

By Metals Channel Staff, Thursday, September 13, 4:12 PM ET
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In trading on Thursday, shares of Newmont Mining Corp. (NYSE:NEM) crossed above their 200 day moving average of $53.23, changing hands as high as $55.85 per share. Newmont Mining Corp. shares are currently trading up about 5.3% on the day. The chart below shows the one year performance of NEM shares, versus its 200 day moving average:

Newmont Mining Corp.  200 Day Moving Average Chart

Looking at the chart above, NEM's low point in its 52 week range is $42.95 per share, with $72.42 as the 52 week high point that compares with a last trade of $55.32.

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According to the ETF Finder at ETF Channel, NEM makes up 10.00% of the Gold Miners ETF (AMEX:GDX) which is trading up by about 4.7% on the day Thursday.

See what other ETFs contain NEM
See what other stocks are held by GDX

This Article's Word Cloud:   AMEX   Above   According   Corp   Crossing   ETFs   Finder   Looking   Management   Mining   NYSE   Newmont   Special   Start   Stocks   Strategic   Their   Thursday   about   above   average   below   better   changing   chart   compares   currently   hands   held   high   last   makes   markets   moving   other   point   range   raquo   share   shares   slideshow   that   trading   trial   versus   week   what   which   with   year

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