Anaconda Mining (OTCMKTS:ANXGF) Shares Cross Below 50-Day Moving Average of $0.18

Anaconda Mining Inc (OTCMKTS:ANXGF) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $0.18 and traded as low as $0.17. Anaconda Mining shares last traded at $0.17, with a volume of 5,000 shares changing hands.

The stock has a 50-day moving average of $0.18 and a 200 day moving average of $0.22.

About Anaconda Mining (OTCMKTS:ANXGF)

Anaconda Mining Inc operates as a gold mining, development, and exploration company in Canada. It holds a 100% interest in the Point Rousse project comprising 5 mining leases and 24 mineral licenses with a total of 5,878 hectares located in the Baie Verte Mining District, Newfoundland; Goldboro project comprising 37 contiguous claims covering an area of 600 hectares situated to the northeast of Halifax, Nova Scotia; and Viking project that covers an area of 6,225 hectares of prospective land located in Newfoundland.

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