Eureka Resources Inc., Prior to Reverse Merger with Kore Mining (CVE:EUK) Shares Pass Below Fifty Day Moving Average – Here’s Why

Shares of Eureka Resources Inc., Prior to Reverse Merger with Kore Mining Ltd. (CVE:EUK) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$0.03 and traded as low as C$0.03. Eureka Resources Inc., Prior to Reverse Merger with Kore Mining shares last traded at C$0.03, with a volume of 45,000 shares changing hands.

Eureka Resources Inc., Prior to Reverse Merger with Kore Mining Price Performance

The company’s 50 day simple moving average is C$0.03 and its 200 day simple moving average is C$0.03.

Eureka Resources Inc., Prior to Reverse Merger with Kore Mining Company Profile

Eureka Resources, Inc is a Canada-based exploration-stage company. The Company’s business is the acquisition, exploration and evaluation of mineral properties located in the Province of British Columbia, Canada and in the State of Nevada, the United States. The Company operates in the segment of acquisition, exploration and evaluation of mineral properties. The Company holds interest in approximately 30 contiguous mineral claims covering over 3,930 hectares, which comprise the Frasergold Property (Frasergold).