Magna Mining Inc. (OTCMKTS:MGMNF – Get Free Report) shares traded up 1% during trading on Thursday. The stock traded as high as $1.77 and last traded at $1.7070. 209,464 shares changed hands during trading, an increase of 58% from the average session volume of 132,727 shares. The stock had previously closed at $1.69.
Magna Mining Price Performance
The business has a 50-day simple moving average of $1.88 and a 200-day simple moving average of $1.72.
About Magna Mining
Magna Mining Inc is a Canadian mineral exploration and development company focused on nickel, copper and platinum-group metals (PGMs). The company’s activities are centered in the Sudbury mining district of Ontario, a well-established region for nickel and copper production.
Magna Mining’s principal assets include the Crean Hill and Shakespeare projects. Crean Hill is a past-producing underground nickel-copper-PGM mine, while Shakespeare is a permitted development project with an open-pit mining concept.
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