Magellan Gold (OTCMKTS:MAGE) Trading 43.3% Higher

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Magellan Gold Corp (OTCMKTS:MAGE) traded up 43.3% during trading on Wednesday . The company traded as high as $1.54 and last traded at $1.49, 8,000 shares were traded during mid-day trading. An increase of 235% from the average session volume of 2,391 shares. The stock had previously closed at $1.04.

The stock has a 50 day moving average price of $1.34 and a two-hundred day moving average price of $1.83.

Magellan Gold Company Profile (OTCMKTS:MAGE)

Magellan Gold Corporation, an exploration stage company, engages in the acquisition and exploration of mineral resources in Arizona, California, Nevada, and Mexico. The company explores for silver, lead, and zinc deposits. It holds an interest in the Silver District project area that consists of 87 unpatented lode mining claims, 6 patented lode claims, an Arizona State Exploration Permit of 334.85 acres, and 23 unpatented mill site claims covering an area of approximately 2,000 acres located north of Yuma in southwest Arizona.

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