Centurion Minerals (CVE:CTN) Shares Cross Below 50-Day Moving Average – What’s Next?

Centurion Minerals Ltd. (CVE:CTN – Get Free Report)’s stock price crossed below its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of C$0.04 and traded as low as C$0.04. Centurion Minerals shares last traded at C$0.04, with a volume of 10,000 shares changing hands.

Centurion Minerals Stock Down 22.2%

The stock has a market capitalization of C$1.38 million, a price-to-earnings ratio of -1.17 and a beta of -2.01. The company has a 50 day moving average of C$0.04 and a 200 day moving average of C$0.05.

Centurion Minerals Company Profile

(Get Free Report)

Centurion Minerals Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada and Argentina. It explores for calcium sulphate. The company holds interest in the Ana Sofia Agricultural Gypsum project that consists of two mining concessions covering an area of 50 hectares and approximately 600 hectares of exploration rights located in Santiago del Estero Province, Argentina; and Casa Berardi West project that consists of 3 claim group covering and area of 5,100 hectares located in the northeast of Cochrane, Ontario.

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