Mines Management (NYSEMKT:MGN) Share Price Passes Above Fifty Day Moving Average – Should You Sell?

Shares of Mines Management Inc (NYSEMKT:MGNGet Free Report) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $1.39 and traded as high as $3.82. Mines Management shares last traded at $3.36, with a volume of 236,042 shares trading hands.

Mines Management Stock Down 18.8%

The stock has a market cap of $44.36 million and a PE ratio of -34.13. The stock’s fifty day moving average price is $1.39 and its 200 day moving average price is $1.22.

About Mines Management

(Get Free Report)

Mines Management, Inc is an exploration-stage company. The Company is engaged in the business of acquiring, exploring and developing mineral properties, primarily those containing silver and associated base and precious metals. The Company’s principal mineral property interest, the Montanore Project, is held by its subsidiaries, Newhi, Inc and Montanore Minerals Corp.

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