Medaro Mining (OTCMKTS:MEDAF) Shares Down 8.4% – Here’s What Happened

Medaro Mining Corp. (OTCMKTS:MEDAF)’s share price fell 8.4% on Friday . The stock traded as low as $0.3463 and last traded at $0.35. 2,212 shares changed hands during mid-day trading, a decline of 87% from the average session volume of 17,570 shares. The stock had previously closed at $0.3820.

Medaro Mining Price Performance

The company’s 50 day simple moving average is $0.35 and its two-hundred day simple moving average is $0.29.

Medaro Mining Company Profile

Medaro Mining Corp. acquires, explores, and evaluates mineral resource properties in Canada. The company holds an option to acquire 100% interest in the Superb Lake property that consists of 8 mining claims covering an area of approximately 2,187 hectares located in the Thunder Bay mining district of Northwestern Ontario, Canada; and CYR South lithium property that consists of 52 mineral claims covering an area of approximately 2,748 hectares located in James Bay area of Quebec. It also holds an option to acquire 70% interest in the Yurchison Uranium property that consists of 12 mining claims covering an area of 55,934 hectares located in the Wollaston Domain, Northern Saskatchewan; and an option to acquire 100% interest in the Darlin Li-Be Property in Quebec.