Peruvian Metals (OTCMKTS:DUVNF) Share Price Passes Above 50-Day Moving Average – Should You Sell?

Peruvian Metals Corp (OTCMKTS:DUVNFGet Free Report)’s stock price crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $0.04 and traded as high as $0.0860. Peruvian Metals shares last traded at $0.0805, with a volume of 106,000 shares traded.

Peruvian Metals Stock Up 10.3%

The stock has a fifty day moving average of $0.04 and a 200 day moving average of $0.03.

Peruvian Metals Company Profile

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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.

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