Magellan Gold (OTCMKTS:MAGE) Trading Up 15.2%

Magellan Gold Co. (OTCMKTS:MAGE) shot up 15.2% during mid-day trading on Wednesday . The stock traded as high as $1.29 and last traded at $1.29. 1,962 shares traded hands during mid-day trading, a decline of 36% from the average session volume of 3,055 shares. The stock had previously closed at $1.12.

The stock’s 50-day simple moving average is $0.97.

Magellan Gold Company Profile (OTCMKTS:MAGE)

Magellan Gold Corporation engages the acquisition, exploration, and development of mineral resources in Idaho. Its flagship project is 100% owned Center Star Gold Mine that consists of 31 unpatented lode claims totaling 620 acres located near Elk City, Idaho. The company is also building a collection of operating gold mines in the Western United States.

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