Anaconda Mining (OTCMKTS:ANXGF) Stock Passes Above 50-Day Moving Average – Should You Sell?

Anaconda Mining Inc. (OTCMKTS:ANXGFGet Free Report)’s share price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $0.06 and traded as high as $0.07. Anaconda Mining shares last traded at $0.06, with a volume of 38,425 shares.

Anaconda Mining Stock Performance

The business has a 50-day moving average price of $0.06 and a two-hundred day moving average price of $0.07.

About Anaconda Mining

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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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