Magna Mining Inc. (OTCMKTS:MGMNF – Get Free Report) dropped 0.8% during trading on Monday . The stock traded as low as $2.1080 and last traded at $2.1558. Approximately 100,673 shares traded hands during mid-day trading, a decline of 28% from the average daily volume of 139,756 shares. The stock had previously closed at $2.1735.
Magna Mining Stock Performance
The stock has a 50 day moving average of $2.33 and a 200-day moving average of $2.01.
About Magna Mining
Magna Mining Inc is a Canada-based mineral exploration and development company focused on advancing base metal projects in Mexico. The company’s flagship asset is the Cordero silver-lead-zinc deposit, located in the state of Chihuahua. Through systematic exploration, resource definition drilling and metallurgical testing, Magna Mining aims to delineate and expand mineral resources in order to progress Cordero toward preliminary economic assessment and prefeasibility stages.
The Cordero project benefits from existing infrastructure, including paved highways and nearby power transmission, which supports ongoing drill programs and potential future development.
Featured Articles
- Five stocks we like better than Magna Mining
- Elon Musk already made me a “wealthy man”
- Elon’s Secret AI Partner?
- Elon Musk: This Could Turn $100 into $100,000
- Buffett, Gates and Bezos Quietly Dumping Stocks—Here’s Why
- REVEALED: Something Big Happening Behind White House Doors
Receive News & Ratings for Magna Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Magna Mining and related companies with MarketBeat.com's FREE daily email newsletter.
