Josemaria Resources (OTCMKTS:JOSMF) Stock Price Down 3.8% – Here’s Why

Josemaria Resources Inc. (OTCMKTS:JOSMF – Get Free Report)’s stock price fell 3.8% on Thursday. The company traded as low as $1.2971 and last traded at $1.3050. Approximately 8,300 shares were traded during trading, a decline of 87% from the average session volume of 62,269 shares. The stock had previously closed at $1.3568.

Josemaria Resources Stock Down 3.8%

The stock’s fifty day moving average price is $1.30 and its 200 day moving average price is $1.31.

Josemaria Resources Company Profile

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Josemaria Resources Inc was a Canadian mineral exploration and development company focused on advancing the Josemaria copper-gold-silver project in San Juan Province, Argentina. The project is an open-pit mining development opportunity centered on a large copper-gold-silver deposit.

The company’s activities included mineral exploration, resource definition, technical studies, permitting, and project development. Its principal asset was the Josemaria project, which was intended to produce copper, gold and silver concentrates if developed.

Josemaria Resources was acquired by Lundin Mining Corporation in 2022 and subsequently became part of Lundin Mining’s portfolio.

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