Josemaria Resources Inc. (OTCMKTS:JOSMF – Get Free Report)’s share price fell 3.8% on Thursday. The stock traded as low as $1.2971 and last traded at $1.3050. Approximately 8,300 shares changed hands during mid-day trading, a decline of 87% from the average daily volume of 62,269 shares. The stock had previously closed at $1.3568.
Josemaria Resources Trading Down 3.8%
The company’s 50-day simple moving average is $1.30 and its 200-day simple moving average is $1.31.
About Josemaria Resources
Josemaria Resources Inc was a Canadian mineral exploration and development company focused on advancing the Josemaria copper-gold-silver project in San Juan Province, Argentina. The project is an open-pit mining development opportunity centered on a large copper-gold-silver deposit.
The company’s activities included mineral exploration, resource definition, technical studies, permitting, and project development. Its principal asset was the Josemaria project, which was intended to produce copper, gold and silver concentrates if developed.
Josemaria Resources was acquired by Lundin Mining Corporation in 2022 and subsequently became part of Lundin Mining’s portfolio.
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