Magellan Gold Co. (OTCMKTS:MAGE – Get Free Report)’s stock price crossed below its fifty day moving average during trading on Friday. The stock has a fifty day moving average of $0.11 and traded as low as $0.0910. Magellan Gold shares last traded at $0.1110, with a volume of 500 shares trading hands.
Magellan Gold Stock Performance
The stock’s 50-day moving average is $0.11 and its 200-day moving average is $0.14.
Magellan Gold Company Profile
Magellan Gold Corporation is a mineral exploration company focused on the acquisition, evaluation and development of gold and other precious-metals properties. The company’s activities have centered primarily on exploration-stage projects rather than the operation of producing mines.
Magellan Gold has historically pursued mineral properties in Alaska and has evaluated opportunities involving gold and silver resources. Its work may include property acquisition, geological analysis, exploration planning, permitting and assessment of potential development prospects.
Publicly available information about the company’s current projects, operations and leadership is limited.
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