Magellan Gold (OTCMKTS:MAGE) Share Price Passes Below 50 Day Moving Average – Time to Sell?

Magellan Gold Co. (OTCMKTS:MAGEGet Free Report)’s stock price passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $0.21 and traded as low as $0.1940. Magellan Gold shares last traded at $0.1940, with a volume of 200 shares changing hands.

Magellan Gold Stock Up 13.1%

The firm’s fifty day moving average is $0.21 and its two-hundred day moving average is $0.15.

Magellan Gold Company Profile

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Magellan Gold Corporation, an exploration stage company, engages in the acquisition, exploration, and development of mineral resources in Idaho and California. The company primarily explores for gold deposits. Its principal projects include the Center Star Mine located in located southeast of Grangeville, Idaho; and the Kris Project located in northwest of Reno, Nevada in Plumas County, California.

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