FireFly Metals (OTCMKTS:MNXMF) Shares Down 0.7% – Should You Sell?

FireFly Metals Ltd (OTCMKTS:MNXMF) dropped 0.7% on Wednesday . The company traded as low as $1.36 and last traded at $1.44. Approximately 12,868 shares were traded during trading, a decline of 34% from the average daily volume of 19,530 shares. The stock had previously closed at $1.45.

FireFly Metals Stock Down 0.7%

The stock has a fifty day moving average price of $1.28 and a 200-day moving average price of $0.99.

About FireFly Metals

FireFly Metals Ltd engages in the exploration and evaluation of mineral deposits in Australia and Canada. The company operates through three segments: Green Bay Project; Pickle Grow Project; and Limestone Well Project. It primarily explores for gold, titanium, vanadium, and copper deposits. Its flagship project is the Green Bay copper-gold project in Newfoundland, Canada. The company was formerly known as Auteco Minerals Limited and changed its name to FireFly Metals Ltd in November 2023. FireFly Metals Ltd was incorporated in 2004 and is based in West Perth, Australia.