Reflect Scientific (NASDAQ:RMES) Trading Down 37.4%

Reflect Scientific (NASDAQ:RMES) traded down 37.4% during trading on Friday . The stock traded as low as $0.03 and last traded at $0.03, 10,000 shares changed hands during trading. A decline of 30% from the average session volume of 14,261 shares. The stock had previously closed at $0.05.

The stock has a 50 day simple moving average of $0.04 and a two-hundred day simple moving average of $0.06.

Reflect Scientific Company Profile (NASDAQ:RMES)

Red Metal Resources Ltd., a mineral exploration company, engages in acquiring, exploring, and developing mineral resources in Chile. The company explores for copper, gold, and silver deposits. It holds interest in the Farellon property that consists of 8 mensura claims located in the Carrizal Alto mining district; the Perth property situated in the III Region of Atacama, Chile; and the Mateo property that consist of 14 contiguous claims.

Further Reading: How is a management fee different from a performance fee?

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