Searchlight Minerals (OTCMKTS:SRCH) Stock Crosses Below 50 Day Moving Average – Should You Sell?

Searchlight Minerals Corp. (OTCMKTS:SRCHGet Free Report)’s share price crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $0.01 and traded as low as $0.0056. Searchlight Minerals shares last traded at $0.0056, with a volume of 750 shares trading hands.

Searchlight Minerals Stock Performance

The stock has a 50 day moving average price of $0.01 and a 200 day moving average price of $0.01.

Searchlight Minerals Company Profile

(Get Free Report)

Searchlight Minerals Ltd. (OTCMKTS:SRCH) is a Canada‐based mineral exploration company focused on the discovery and development of critical minerals, with an emphasis on rare earth elements (REEs). The company pursues both grassroots and advanced‐stage projects, targeting deposits that contain magnet‐grade and heavy rare earths used in high‐tech, clean‐energy and defense applications.

The company’s primary asset is the Crownpoint Rare Earth Project in New Mexico, where Searchlight is conducting systematic drilling, resource modeling and metallurgical test work.

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