Atlantic Gold (OTCMKTS:SPVEF) Stock Falls 0.9% – Time to Sell?

Atlantic Gold Corp (OTCMKTS:SPVEF – Get Free Report) dropped 0.9% during mid-day trading on Thursday. The stock traded as low as $2.1801 and last traded at $2.1801. Approximately 3,000 shares were traded during trading, a decline of 97% from the average daily volume of 113,731 shares. The stock had previously closed at $2.20.

Atlantic Gold Price Performance

The company’s 50-day moving average is $2.18 and its 200 day moving average is $2.18.

About Atlantic Gold

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Atlantic Gold Corp. was a Canadian gold exploration and mining company focused on developing and operating gold assets in Nova Scotia. Its principal asset was the Moose River Consolidated project, which included the Touquoy mine and related deposits such as Beaver Dam, Fifteen Mile Stream and Cochrane Hill.

The company’s activities included mineral exploration, resource evaluation, mine development and gold production. Through the Moose River Consolidated project, Atlantic Gold served the Nova Scotia mining market and was involved in the development of one of the province’s notable modern gold operations.

Atlantic Gold was acquired by Australia-based St Barbara Limited in 2019, after which its operations became part of St Barbara’s business.

Further Reading

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