Magellan Gold Co. (OTCMKTS:MAGE – Get Free Report) saw a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 1 shares, a drop of 100.0% from the June 30th total of 6,603 shares. Based on an average daily trading volume, of 37,909 shares, the short-interest ratio is currently 0.0 days.
Magellan Gold Stock Performance
Shares of MAGE remained flat at $0.07 during trading hours on Friday. The firm has a 50-day simple moving average of $0.11 and a 200-day simple moving average of $0.18. Magellan Gold has a twelve month low of $0.05 and a twelve month high of $0.38.
Magellan Gold Company Profile
Magellan Gold (OTCMKTS:MAGE) is a junior mineral exploration company based in Vancouver, British Columbia, focused on the acquisition, exploration and development of gold-bearing properties. The company’s objective is to generate value through systematic field programs that include geological mapping, sampling, geophysical surveys and targeted drill campaigns aimed at defining high-potential gold occurrences.
Magellan Gold’s asset portfolio is concentrated in northwestern Mexico, where it holds interests in several early-stage gold projects.
Featured Stories
- Five stocks we like better than Magellan Gold
- AMD and Cerbras Create A New Blueprint For Hardware
- Intel Earnings Reveal Whether the Chip Selloff Created a Buy
- CrowdStrike’s Cerebras Deal Puts Its AI Security Strategy to the Test
- Plugging In: How Kinder Morgan Powers Up Profits
Receive News & Ratings for Magellan Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Magellan Gold and related companies with MarketBeat.com's FREE daily email newsletter.
