Magellan Gold (OTCMKTS:MAGE) Stock Crosses Below 200 Day Moving Average – Time to Sell?

Magellan Gold Co. (OTCMKTS:MAGEGet Free Report) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.12 and traded as low as $0.07. Magellan Gold shares last traded at $0.07, with a volume of 20,000 shares.

Magellan Gold Trading Up 6.1 %

The firm has a 50-day moving average price of $0.09 and a 200 day moving average price of $0.12.

About Magellan Gold

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Magellan Gold Corporation, an exploration stage company, engages in the acquisition, exploration, and development of mineral resources in Idaho and California. The company primarily explores for gold deposits. Its principal projects include the Center Star Mine located in located southeast of Grangeville, Idaho; and the Kris Project located in northwest of Reno, Nevada in Plumas County, California.

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