Shares of Magellan Gold Co. (OTCMKTS:MAGE – Get Free Report) fell 10.1% during mid-day trading on Friday . The company traded as low as $0.14 and last traded at $0.16. 11,775 shares changed hands during trading, a decline of 13% from the average session volume of 13,544 shares. The stock had previously closed at $0.18.
Magellan Gold Stock Performance
The stock’s 50-day moving average is $0.13 and its 200-day moving average is $0.11.
About Magellan Gold
Magellan Gold Corporation, an exploration stage company, engages in the acquisition, exploration, and development of mineral resources in Idaho. The company's flagship project is 100% owned Center Star Gold Mine that consists of 31 unpatented lode claims totaling 620 acres located near Elk City, Idaho.
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