Silver Elephant Mining Corp. (OTCMKTS:SILEF – Get Free Report) crossed above its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $0.12 and traded as high as $0.2010. Silver Elephant Mining shares last traded at $0.1892, with a volume of 242,441 shares trading hands.
Silver Elephant Mining Stock Performance
The firm has a 50-day simple moving average of $0.10 and a two-hundred day simple moving average of $0.12.
About Silver Elephant Mining
Silver Elephant Mining Corp. is a mineral exploration and development company focused on advancing precious- and base-metal projects. The company’s primary asset is the Pulacayo silver-lead-zinc project in Bolivia, a historic mining district with exploration and development potential.
Silver Elephant also holds interests in the El Triunfo gold project in Baja California Sur, Mexico, and the Ulaan Ovoo coal project in Mongolia. Its activities generally include geological exploration, resource evaluation, permitting and assessing the economic potential of its mineral properties rather than operating a large-scale producing mine.
The company was previously known as Prophecy Development Corp.
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