Chalice Mining (OTCMKTS:CGMLF) Stock Price Down 2.3% – Should You Sell?

Chalice Mining Limited (OTCMKTS:CGMLFGet Free Report) shares were down 2.3% during mid-day trading on Friday . The company traded as low as $0.9771 and last traded at $0.9771. Approximately 151 shares changed hands during trading, a decline of 98% from the average daily volume of 6,997 shares. The stock had previously closed at $1.00.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group set a $3.70 price target on shares of Chalice Mining in a research report on Thursday, February 19th. One analyst has rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $3.23.

Check Out Our Latest Stock Report on CGMLF

Chalice Mining Stock Performance

The firm’s fifty day moving average price is $1.04 and its two-hundred day moving average price is $1.26.

About Chalice Mining

(Get Free Report)

Chalice Mining Limited operates as a mineral exploration and evaluation company. It explores for gold, copper, cobalt, palladium, platinum, and nickel deposits. The company has interest in the Gonneville Nickel-Copper-PGE Project and the exploration of projects located in the West Yilgarn region of Western Australia. Chalice Mining Limited was incorporated in 2005 and is based in West Perth, Australia.

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