Magellan Gold (OTCMKTS:MAGE) Share Price Passes Below Fifty Day Moving Average – Here’s What Happened

Magellan Gold Co. (OTCMKTS:MAGEGet Free Report) shares 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.

Magellan Gold Stock Up 2.6 %

The company’s fifty day moving average is $0.11 and its two-hundred day moving average is $0.13.

About Magellan Gold

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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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