Shares of Magna Mining Inc. (OTCMKTS:MGMNF – Get Free Report) shot up 0.9% on Monday . The company traded as high as $1.20 and last traded at $1.16. 71,835 shares changed hands during mid-day trading, an increase of 15% from the average session volume of 62,559 shares. The stock had previously closed at $1.15.
Magna Mining Price Performance
The firm has a 50-day moving average price of $1.08 and a 200-day moving average price of $0.89.
About Magna Mining
Magna Mining Inc engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for nickel, copper, and platinum group metal deposits. Its flagship property is 100% owned the Shakespeare Mine consisting of 29 patented claims, 3 leased claims, and 787 mining claims covering an area of 18074.94 hectares located in Sudbury, Canada.
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