Peruvian Metals (OTCMKTS:DUVNF) Shares Cross Above Fifty Day Moving Average – Time to Sell?

Peruvian Metals Corp (OTCMKTS:DUVNF) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $0.02 and traded as high as $0.0409. Peruvian Metals shares last traded at $0.0398, with a volume of 203,250 shares changing hands.

Peruvian Metals Stock Performance

The firm has a 50-day simple moving average of $0.02 and a two-hundred day simple moving average of $0.02.

About Peruvian Metals

Peruvian Metals Corp is a Canada-based mineral exploration company focused on the acquisition, exploration and development of copper, gold, silver and molybdenum porphyry projects in Peru. The company holds three principal projects—Breapampa, Huacrón and Parihuanca—located in the southern highlands of Peru, each of which lies within proven mining districts and exhibits evidence of porphyry-style mineralization. Peruvian Metals employs systematic mapping, surface sampling and geophysical surveys to define drill targets and advance its projects toward resource delineation.

The Breapampa and Huacrón projects are being advanced under a joint‐venture agreement with a major international mining group, whereby Peruvian Metals can earn up to a 70% interest through staged exploration expenditures and work commitments.