Josemaria Resources (OTCMKTS:JOSMF) Trading Down 3.8% – Time to Sell?

Shares of Josemaria Resources Inc. (OTCMKTS:JOSMFGet Free Report) traded down 3.8% on Thursday . The company traded as low as $1.2971 and last traded at $1.3050. 8,300 shares traded hands during trading, a decline of 87% from the average session volume of 62,269 shares. The stock had previously closed at $1.3568.

Josemaria Resources Stock Down 3.8%

The business’s 50 day moving average is $1.30 and its 200-day moving average is $1.31.

Josemaria Resources Company Profile

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Josemaria Resources Inc (OTCMKTS:JOSMF) is a mineral exploration and development company focused on the advanced‐stage Josemaria copper‐gold‐silver project in San Juan province, Argentina. The company’s core activities included exploration drilling, resource estimation and project evaluation aimed at unlocking one of the largest undeveloped porphyry deposits in the region.

Its flagship Josemaria project featured both indicated and inferred resources underpinned by metallurgical test work and environmental baseline studies.

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