Josemaria Resources (OTCMKTS:JOSMF) Shares Down 3.8% – Time to Sell?

Shares of Josemaria Resources Inc. (OTCMKTS:JOSMFGet Free Report) traded down 3.8% during trading on Thursday . The stock traded as low as $1.2971 and last traded at $1.3050. 8,300 shares traded hands during mid-day trading, a decline of 87% from the average session volume of 62,269 shares. The stock had previously closed at $1.3568.

Josemaria Resources Stock Performance

The business’s fifty day moving average price is $1.30 and its two-hundred day moving average price is $1.31.

About Josemaria Resources

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Josemaria Resources Inc (OTCMKTS:JOSMF) is a mineral exploration and development company focused on the advanced‐stage Josemaria copper‐gold‐silver project in San Juan province, Argentina. The company’s core activities included exploration drilling, resource estimation and project evaluation aimed at unlocking one of the largest undeveloped porphyry deposits in the region.

Its flagship Josemaria project featured both indicated and inferred resources underpinned by metallurgical test work and environmental baseline studies.

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