Shares of Magellan Gold Co. (OTCMKTS:MAGE – Get Free Report) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $0.11 and traded as low as $0.10. Magellan Gold shares last traded at $0.10, with a volume of 120 shares trading hands.
Magellan Gold Price Performance
The stock’s 50-day simple moving average is $0.11 and its 200 day simple moving average is $0.13.
About Magellan Gold
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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