Alexander Mining (LON:AXM) Stock Price Passes Below 200-Day Moving Average – Here’s Why

Alexander Mining plc (LON:AXM) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 0.03 ($0.00) and traded as low as GBX 0.03 ($0.00). Alexander Mining shares last traded at GBX 0.03 ($0.00), with a volume of 55,273,789 shares traded.

Alexander Mining Stock Performance

The company’s 50-day moving average price is GBX 0.03 and its 200 day moving average price is GBX 0.03.

About Alexander Mining

Alexander Mining plc, through its subsidiary, engages in the research and development of proprietary mineral processing technologies. It owns and commercializes its proprietary hydrometallurgical mineral processing technologies. The company offers ambient temperature and pressure technologies, such as AmmLeach, which uses ammonia based chemistry to selectively extract base metals, including copper, zinc, and cobalt from ore deposits and concentrates; and HyperLeach, a process that utilizes chlorine based chemistry to solubilize metals comprising copper, zinc, nickel, cobalt, molybdenum, and rhenium from sulphide ore deposits and concentrates.