AMI.TO (TSE:AMI) Stock Passes Below 50-Day Moving Average – What’s Next?

AMI.TO (TSE:AMIGet Free Report)’s stock price passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$1.80 and traded as low as C$1.79. AMI.TO shares last traded at C$1.80, with a volume of 458,678 shares trading hands.

AMI.TO Stock Performance

The stock has a fifty day simple moving average of C$1.80.

About AMI.TO

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AuRico Metals Inc operates as a mining development and royalty company in Canada and Australia. It owns 100% interest in the Kemess property, a gold-copper project located in British Columbia, Canada. The company also has 1.5% net smelter return (NSR) royalty interest on the Young-Davidson mine, 0.25% NSR royalty on the Williams mine, 0.5% NSR royalty on the Eagle River mine, 0.98% NSR royalty on the GJ project, and 1% NSR royalty on various early stage properties in the Red Lake district, Canada; and 2% NSR royalty on the Fosterville mine and 1% NSR royalty on the Stawell mine located in Victoria, Australia.

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