Magellan Gold (OTCMKTS:MAGE) Share Price Passes Below Fifty Day Moving Average – Should You Sell?

Shares of Magellan Gold Co. (OTCMKTS:MAGEGet Free Report) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $0.13 and traded as low as $0.13. Magellan Gold shares last traded at $0.13, with a volume of 250 shares.

Magellan Gold Stock Performance

The business has a fifty day moving average of $0.13 and a two-hundred day moving average of $0.14.

Magellan Gold Company Profile

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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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