Benchmark Metals (OTCMKTS:BNCHF) Stock Price Down 3.5% – Should You Sell?

Benchmark Metals Inc. (OTCMKTS:BNCHF) dropped 3.5% during mid-day trading on Tuesday . The company traded as low as $2.20 and last traded at $2.22. Approximately 22,442 shares changed hands during mid-day trading, a decline of 32% from the average daily volume of 33,104 shares. The stock had previously closed at $2.3010.

Benchmark Metals Price Performance

The business has a 50-day simple moving average of $2.17 and a 200-day simple moving average of $1.70.

About Benchmark Metals

Benchmark Metals Inc is a Canada-based junior mineral exploration and development company focused on advancing precious metal projects in British Columbia’s prolific Golden Triangle. The company’s primary objective is the exploration, resource delineation and advancement of the Lawyers Gold-Silver Project, located near Stewart in northwestern British Columbia. Benchmark Metals is listed on the OTC Markets (OTCMKTS: BNCHF) for U.S. trading and on the TSX Venture Exchange under the symbol BNCH.

The Lawyers Project covers approximately 45,000 hectares of prospective ground and has demonstrated significant gold and silver mineralization through successive drilling programs.