Peruvian Metals (OTCMKTS:DUVNF) Share Price Crosses Above Fifty Day Moving Average – Should You Sell?

Peruvian Metals Corp (OTCMKTS:DUVNF) shares passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $0.03 and traded as high as $0.0380. Peruvian Metals shares last traded at $0.0380, with a volume of 10,000 shares trading hands.

Peruvian Metals Trading Down 6.9%

The stock’s 50 day simple moving average is $0.03 and its 200 day simple moving average is $0.02.

Peruvian Metals Company Profile

Peruvian Metals Corp is a Canada-based mineral exploration company focused on the acquisition, exploration and development of copper, gold, silver and molybdenum porphyry projects in Peru. The company holds three principal projects—Breapampa, Huacrón and Parihuanca—located in the southern highlands of Peru, each of which lies within proven mining districts and exhibits evidence of porphyry-style mineralization. Peruvian Metals employs systematic mapping, surface sampling and geophysical surveys to define drill targets and advance its projects toward resource delineation.

The Breapampa and Huacrón projects are being advanced under a joint‐venture agreement with a major international mining group, whereby Peruvian Metals can earn up to a 70% interest through staged exploration expenditures and work commitments.