Magellan Gold (OTCMKTS:MAGE) Stock Passes Below Fifty Day Moving Average of $0.24

Magellan Gold Co. (OTCMKTS:MAGEGet Rating) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $0.24 and traded as low as $0.11. Magellan Gold shares last traded at $0.18, with a volume of 1,001 shares trading hands.

The company’s 50-day moving average is $0.24 and its two-hundred day moving average is $0.40.

Magellan Gold Company Profile (OTCMKTS:MAGE)

Magellan Gold Corporation engages the acquisition, exploration, and development of mineral resources in Idaho. Its flagship project is 100% owned Center Star Gold Mine that consists of 31 unpatented lode claims totaling 620 acres located near Elk City, Idaho. The company is also building a collection of operating gold mines in the Western United States.

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