Genesis Minerals (OTC:GSISF) Trading Down 11.5% – Here’s What Happened

Genesis Minerals Limited (OTC:GSISF)’s share price was down 11.5% during mid-day trading on Friday . The stock traded as low as C$5.48 and last traded at C$5.48. Approximately 152 shares changed hands during mid-day trading, a decline of 87% from the average daily volume of 1,160 shares. The stock had previously closed at C$6.19.

Genesis Minerals Stock Down 11.5%

The business’s 50-day moving average is C$4.78 and its two-hundred day moving average is C$3.95.

Genesis Minerals Company Profile

Genesis Minerals Limited engages in the exploration and development of gold deposits in Western Australia. It owns 100% interests in the Leonora Gold project located to the north of Kalgoorlie; 65% interest in the Barimaia Gold project located in the Murchison district of Western Australia; and St Barbara's Leonora assets comprising Gwalia underground mine and Leonora mill, as well as Tower Hill, Zoroastrian, Aphrodite, and Harbour Lights projects. The company was incorporated in 2007 and is based in Perth, Australia.