Ivanhoe Mines (OTCMKTS:IVPAF) Stock Crosses Above 50 Day Moving Average – Should You Sell?

Ivanhoe Mines Ltd. (OTCMKTS:IVPAFGet Free Report) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $13.46 and traded as high as $14.30. Ivanhoe Mines shares last traded at $14.00, with a volume of 116,155 shares.

Ivanhoe Mines Stock Down 1.4 %

The company has a 50 day simple moving average of $13.46 and a 200-day simple moving average of $13.48.

About Ivanhoe Mines

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Ivanhoe Mines Ltd. engages in the mining, development, and exploration of minerals and precious metals primarily in Africa. It explores for platinum, palladium, nickel, copper, gold, rhodium, zinc, silver, germanium, and lead deposits. The company's projects include the Platreef project located in the Northern Limb of South Africa's Bushveld Complex; the Kipushi project located in Haut-Katanga Province, Democratic Republic of Congo; and the Kamoa-Kakula project located within the Central African Copperbelt.

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