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

Searchlight Minerals Corp. (OTCMKTS:SRCHGet Free Report) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $0.01 and traded as low as $0.0063. Searchlight Minerals shares last traded at $0.0063, with a volume of 5,000 shares.

Searchlight Minerals Trading Down 10.0%

The stock has a 50-day simple moving average of $0.01 and a two-hundred day simple moving average 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.

Recommended Stories

Receive News & Ratings for Searchlight Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Searchlight Minerals and related companies with MarketBeat.com's FREE daily email newsletter.