IAG Crosses Critical Technical Indicator Wednesday, August 5, 4:04 PM ET, by Market News Video Staff In trading on Wednesday, shares of IAMGold Corp (IAG) entered into oversold territory, changing hands ...
In trading on Tuesday, shares of Minefinders Corp. Ltd. (MFN) crossed below their 200 day moving average of $13.60, changing hands as low as $13.50 per share. Minefinders Corp. Ltd. shares are currently trading off about 2% on the day. The chart below shows the one year performance of MFN shares, versus its 200 day moving average:
Looking at the chart above, MFN's low point in its 52 week range is $8.47 per share, with $18.95 as the 52 week high point — that compares with a last trade of $13.77.
MFN operates in the Precious Metals sector, among companies like Banro Corporation (AMEX:BAA) which is down about 3.7% today, and Rubicon Minerals Corp (RBY) trading lower by about 3.9%. Below is a three month price history chart comparing the stock performance of MFN, versus BAA and RBY.
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