Wolverine Resources (OTCMKTS:WOLV) Stock Price Passes Below Two Hundred Day Moving Average – Time to Sell?

Shares of Wolverine Resources Corp. (OTCMKTS:WOLV) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.01 and traded as low as $0.0030. Wolverine Resources shares last traded at $0.0030, with a volume of 0 shares trading hands.

Wolverine Resources Stock Performance

Wolverine Resources Company Profile

Wolverine Resources Corp., an exploration stage mining company, engages in the identification, acquisition, and exploration of metals and minerals with a focus on base and precious metals. The company explores for gold and copper deposits, as well as nickel and cobalt; and rare earth elements (REEs). It holds interest in the Cache River Property, which consists of 53 mineral claims covering an area of approximately 1,320 hectares located in Labrador, Canada; the Frog Property, which consists of 262 claims covering an area of approximately 6,550 hectares located to the west-northwest of Natuashish; and the Hook property comprises 9,587 hectares located in the southwest of Nain, Labrador.