Adriatic Metals (OTCMKTS:ADMLF) Trading 5.2% Higher – Still a Buy?

Adriatic Metals PLC (OTCMKTS:ADMLFGet Free Report) shares were up 5.2% during mid-day trading on Monday . The company traded as high as $2.85 and last traded at $2.84. Approximately 8,630 shares changed hands during mid-day trading, a decline of 48% from the average daily volume of 16,563 shares. The stock had previously closed at $2.70.

Adriatic Metals Price Performance

The firm has a 50-day simple moving average of $2.55 and a 200 day simple moving average of $2.44.

Adriatic Metals Company Profile

(Get Free Report)

Adriatic Metals PLC, through its subsidiaries, engages in the exploration and development of precious and base metals. It primarily explores for silver, zinc, lead, copper, gold, and barite deposits. The company's flagship project is the 100% owned Vare Silver Project covering an area of approximately 44 square kilometers located in Bosnia and Herzegovina.

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