AIX.V (CVE:AIX) Share Price Crosses Below 50 Day Moving Average – Should You Sell?

AIX.V (CVE:AIXGet Free Report)’s share price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.28 and traded as low as C$0.27. AIX.V shares last traded at C$0.28, with a volume of 354,345 shares changing hands.

AIX.V Price Performance

The stock’s 50-day moving average price is C$0.28 and its two-hundred day moving average price is C$0.28.

AIX.V Company Profile

(Get Free Report)

Alix Resources Corp., a junior mineral exploration company, engages in acquiring, exploring, and evaluating mineral properties in North America. The company primarily explores for lithium deposits. It holds 100% interests in the Electra property comprising two exploration concession applications, including the Tule Concession covering 18,125 hectares; and the Tecolote Concession covering 4,500 hectares located in Mexico. The company also has an option agreement to acquire a 100% interest in the Jackpot property situated in Thunder Bay, Ontario; and a 100% interest in the White Basin property comprising 25 unpatented mineral claims covering an area of 500 acres located in Las Vegas.

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