Anaconda Mining (OTCMKTS:ANXGF) Stock Crosses Below 200 Day Moving Average – Should You Sell?

Anaconda Mining Inc. (OTCMKTS:ANXGFGet Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.07 and traded as low as $0.06. Anaconda Mining shares last traded at $0.06, with a volume of 95,504 shares.

Anaconda Mining Trading Down 8.0 %

The company has a fifty day moving average of $0.07 and a two-hundred day moving average of $0.07.

Anaconda Mining Company Profile

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Anaconda Mining Inc operates as a gold mining, development, and exploration company in Canada. It holds a 100% interest in the Point Rousse project comprising 6 mining leases and 7 mineral licenses with a total of 5,552 hectares located in the Baie Verte Mining District, Newfoundland; and the Goldboro Gold project comprising 37 contiguous claims covering an area of 592 hectares situated to the northeast of Halifax, Nova Scotia.

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