Benchmark Metals (OTCMKTS:BNCHF) Shares Down 12.9% – Here’s Why

Shares of Benchmark Metals Inc. (OTCMKTS:BNCHFGet Free Report) dropped 12.9% during trading on Thursday . The stock traded as low as $2.5050 and last traded at $2.5050. Approximately 74,802 shares traded hands during mid-day trading, an increase of 126% from the average daily volume of 33,104 shares. The stock had previously closed at $2.8755.

Benchmark Metals Stock Performance

The business’s 50 day simple moving average is $2.38 and its 200-day simple moving average is $1.97.

Benchmark Metals Company Profile

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Benchmark Metals Inc is a Canada-based junior mineral exploration and development company focused on advancing precious metal projects in British Columbia’s prolific Golden Triangle. The company’s primary objective is the exploration, resource delineation and advancement of the Lawyers Gold-Silver Project, located near Stewart in northwestern British Columbia. Benchmark Metals is listed on the OTC Markets (OTCMKTS: BNCHF) for U.S. trading and on the TSX Venture Exchange under the symbol BNCH.

The Lawyers Project covers approximately 45,000 hectares of prospective ground and has demonstrated significant gold and silver mineralization through successive drilling programs.

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