Magna Mining (OTCMKTS:MGMNF) Shares Down 3.4% – Here’s Why

Magna Mining Inc. (OTCMKTS:MGMNFGet Free Report)’s stock price was down 3.4% during mid-day trading on Wednesday . The stock traded as low as $1.17 and last traded at $1.19. Approximately 35,145 shares changed hands during mid-day trading, a decline of 42% from the average daily volume of 60,720 shares. The stock had previously closed at $1.23.

Magna Mining Trading Down 3.4 %

The firm has a fifty day simple moving average of $1.15 and a 200 day simple moving average of $1.02.

About Magna Mining

(Get Free Report)

Magna Mining Inc engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for nickel, copper, and platinum group metal deposits. Its flagship property is 100% owned the Shakespeare Mine consisting of 29 patented claims, 3 leased claims, and 787 mining claims covering an area of 18074.94 hectares located in Sudbury, Canada.

Featured Stories

Receive News & Ratings for Magna Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Magna Mining and related companies with MarketBeat.com's FREE daily email newsletter.