Shares of Searchlight Minerals Corp. (OTCMKTS:SRCH – Get Free Report) crossed below its fifty day moving average during trading on Friday. The stock has a fifty day moving average of $0.01 and traded as low as $0.0083. Searchlight Minerals shares last traded at $0.0084, with a volume of 100,000 shares traded.
Searchlight Minerals Price Performance
The company’s fifty day moving average is $0.01 and its two-hundred day moving average is $0.01.
Searchlight Minerals Company Profile
Searchlight Minerals Corp. is a mineral exploration and development company focused on the recovery of valuable materials from industrial waste and mineral properties. Its principal project has historically been the Clarkdale Slag Project in Arizona, which involves slag generated by a former copper smelter.
The company has investigated proprietary processing methods designed to recover iron products, silica and potentially other valuable minerals from the Clarkdale slag. Searchlight Minerals has described the project as an opportunity to convert an existing waste material into commercially useful products rather than relying solely on conventional mining.
Publicly available information about the company’s current operations, leadership and geographic activities is limited.
Recommended Stories
- Five stocks we like better than Searchlight Minerals
- 5 Scary-Good Stocks With Strong October Catalysts and Breakout Potential
- 3 Defense Stocks Riding Nuclear, Missile, and Aerospace Demand
- SoFi Is Bypassing the Banking Bottleneck With Stablecoin Settlement
- These 3 Overlooked Stocks Have Big Money Behind Them
Receive News & Ratings for Searchlight Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Searchlight Minerals and related companies with MarketBeat.com's FREE daily email newsletter.
