Searchlight Minerals (OTCMKTS:SRCH) Stock Price Passes Below 50-Day Moving Average of $0.02

Searchlight Minerals Corp. (OTCMKTS:SRCHGet Rating)’s stock price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $0.02 and traded as low as $0.01. Searchlight Minerals shares last traded at $0.01, with a volume of 50,000 shares trading hands.

The firm’s fifty day moving average price is $0.02 and its two-hundred day moving average price is $0.01.

About Searchlight Minerals (OTCMKTS:SRCH)

Searchlight Minerals Corp., an exploration stage company, engages in a slag reprocessing project; and the acquisition and exploration of mineral properties in the United States. It holds interests in the Clarkdale slag project, located in Clarkdale, Arizona, which is a reclamation project to recover precious and base metals from the reprocessing of slag produced from the smelting of copper ore mined at the United Verde Copper Mine in Jerome, Arizona.

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