Encanto Potash (CVE:EPO) Stock Price Passes Above Fifty Day Moving Average – What’s Next?

Encanto Potash Corp (CVE:EPO) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$0.05 and traded as high as C$0.06. Encanto Potash shares last traded at C$0.05, with a volume of 100,500 shares changing hands.

Encanto Potash Trading Down 9.1%

The firm has a market cap of C$2.29 million and a P/E ratio of -1.25. The firm has a 50-day simple moving average of C$0.05 and a 200-day simple moving average of C$0.05.

About Encanto Potash

Encanto Potash Corp. engages in the exploration and development of potash properties in the province of Saskatchewan, Canada. Its primary property includes a 100% interest in the Muskowekwan First Nation project covering an area of approximately 61,400 acres located to the north of Regina, Saskatchewan. The company was incorporated in 1986 and is headquartered in Vancouver, Canada.