Trek Mining (CVE:TREK) Stock Price Crosses Below 50 Day Moving Average – What’s Next?

Shares of Trek Mining Inc (CVE:TREK – Get Free Report) passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$0.98 and traded as low as C$0.91. Trek Mining shares last traded at C$0.98, with a volume of 709,889 shares changing hands.

Trek Mining Trading Up 7.7%

The company has a 50-day moving average of C$0.98 and a 200 day moving average of C$0.98.

About Trek Mining

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Trek Mining Inc engages in the acquisition, exploration, and development of mineral deposits. The company primarily holds 100% interests in the Aurizona gold project covering approximately 241,400 hectares located in Brazil; and the Warintza copper-molybdenum exploration property with eight metallic mineral concessions covering 26,777 hectares located in Ecuador, as well as 75% interests in the Koricancha gold and silver milling operation located in Peru. It also holds 100% interests in the Ricardo copper-molybdenum property covering approximately 16,000 hectares located in the Chuquicamata mining district of Northern Chile; and the ELK gold property with 27 contiguous mineral claims and 1 mining lease covering 16,566 hectares located near Merritt, British Columbia.

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