Genesis Minerals (OTC:GSISF) Trading Down 11.5% – What’s Next?

Genesis Minerals Limited (OTC:GSISFGet Free Report)’s stock price traded down 11.5% on Friday . The company traded as low as C$5.48 and last traded at C$5.48. 152 shares were traded during mid-day trading, a decline of 87% from the average session volume of 1,160 shares. The stock had previously closed at C$6.19.

Genesis Minerals Stock Performance

The firm’s 50 day moving average is C$4.78 and its 200 day moving average is C$3.95.

Genesis Minerals Company Profile

(Get Free Report)

Genesis Minerals Limited engages in the exploration and development of gold deposits in Western Australia. It owns 100% interests in the Leonora Gold project located to the north of Kalgoorlie; 65% interest in the Barimaia Gold project located in the Murchison district of Western Australia; and St Barbara's Leonora assets comprising Gwalia underground mine and Leonora mill, as well as Tower Hill, Zoroastrian, Aphrodite, and Harbour Lights projects. The company was incorporated in 2007 and is based in Perth, Australia.

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