Alabama Graphite (CVE:CSPG) Stock Crosses Below Fifty Day Moving Average – Here’s What Happened

Shares of Alabama Graphite Corp. (CVE:CSPGGet Free Report) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$0.06 and traded as low as C$0.05. Alabama Graphite shares last traded at C$0.06, with a volume of 51,300 shares changing hands.

Alabama Graphite Trading Up ∞

The firm’s fifty day simple moving average is C$0.06 and its 200-day simple moving average is C$0.05.

About Alabama Graphite

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Alabama Graphite Corp., through its subsidiary Alabama Graphite Company, Inc engages in the exploration, evaluation, and development of graphite mineral properties in the United States. The company's flagship project is the Coosa graphite project covering an area of 42,000 acres located in Coosa County, Alabama. It also holds 100% interest in the Bama mine project, which covers an area of 1,300 acres located in Chilton County, Alabama. The company was formerly known as Keymark Resources Inc and changed its name to Alabama Graphite Corp.

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