Atco Mining (OTCMKTS:ATMGF) Shares Cross Above 50-Day Moving Average – Here’s Why

Atco Mining Inc. (OTCMKTS:ATMGFGet Free Report)’s stock price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $0.62 and traded as high as $0.6621. Atco Mining shares last traded at $0.5830, with a volume of 189,195 shares trading hands.

Atco Mining Stock Up 19.5%

The firm’s fifty day simple moving average is $0.62 and its 200-day simple moving average is $0.52.

Atco Mining Company Profile

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Atco Mining Inc operates as a junior exploration mining company that engages in the sourcing and exploring of mineral properties in Canada. It owns 100% interest in the May lake mineral property located in the Province of Saskatchewan; and Salt properties located in the Province of Newfoundland and Labrador. It also has an option agreement to acquire 75% interest in the Atlantic Uranium project in the Athabasca Basin. The company was incorporated in 2021 and is based in Vancouver, Canada.

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