Roxgold (OTCMKTS:ROGFF) Stock Price Up 2% – What’s Next?

Roxgold Inc. (OTCMKTS:ROGFF)’s stock price shot up 2% on Thursday. The company traded as high as $1.5741 and last traded at $1.54. Approximately 46,900 shares traded hands during trading, a decline of 53% from the average session volume of 99,674 shares. The stock had previously closed at $1.51.

Roxgold Price Performance

The firm’s 50 day simple moving average is $1.54 and its 200-day simple moving average is $1.54.

About Roxgold

Roxgold Inc was a Canadian gold exploration, development and mining company focused on West Africa. The company’s activities included identifying and evaluating gold deposits, advancing mining projects and operating producing assets.

Roxgold’s principal operating asset was the Yaramoko gold mine in Burkina Faso, an underground operation that produced gold from the 55 Zone and Bagassi South deposits. The company also developed the Séguéla gold project in Côte d’Ivoire, which was intended to become a significant future production asset.

In 2021, Fortuna Silver Mines agreed to acquire Roxgold, and the transaction was completed later that year.