Quaterra Resources (OTCMKTS:QTRRF) Stock Passes Below 50-Day Moving Average – What’s Next?

Quaterra Resources Inc. (OTCMKTS:QTRRFGet Free Report) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $0.20 and traded as low as $0.1621. Quaterra Resources shares last traded at $0.18, with a volume of 178,798 shares trading hands.

Quaterra Resources Stock Down 1.0%

The firm’s 50 day simple moving average is $0.20 and its 200 day simple moving average is $0.22.

About Quaterra Resources

(Get Free Report)

Quaterra Resources Inc is a mineral exploration and development company focused on the acquisition, evaluation and advancement of base and precious metal projects. The firm targets copper, gold and silver mineralization in under-explored districts with the potential to host large, high-grade deposits. Quaterra’s technical team applies modern exploration techniques to identify and define resource opportunities in established mining regions.

The company’s core activities include geochemical sampling, geological mapping, geophysical surveying and diamond drilling programs aimed at expanding known mineralized zones and testing new targets.

Recommended Stories

Receive News & Ratings for Quaterra Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Quaterra Resources and related companies with MarketBeat.com's FREE daily email newsletter.