Magellan Gold (OTCMKTS:MAGE) Shares Cross Below Fifty Day Moving Average – Time to Sell?

Shares of Magellan Gold Co. (OTCMKTS:MAGEGet Free Report) crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $0.13 and traded as low as $0.13. Magellan Gold shares last traded at $0.13, with a volume of 5,135 shares traded.

Magellan Gold Price Performance

The company has a 50 day moving average price of $0.13 and a 200 day moving average price of $0.14.

Magellan Gold Company Profile

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Magellan Gold Corporation, an exploration stage company, engages in the acquisition, exploration, and development of mineral resources in Idaho and California. The company primarily explores for gold deposits. Its principal projects include the Center Star Mine located in located southeast of Grangeville, Idaho; and the Kris Project located in northwest of Reno, Nevada in Plumas County, California.

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