19 (MBG.V) (CVE:MBG) was down 3.8% during trading on Wednesday . The company traded as low as C$0.39 and last traded at C$0.39. Approximately 2,000 shares changed hands during mid-day trading, a decline of 92% from the average daily volume of 26,467 shares. The stock had previously closed at C$0.40.
The firm’s 50-day simple moving average is C$0.39.
About 19 (MBG.V) (CVE:MBG)
Malbex Resources Inc is a Canada-based company, which is focused on identifying a new project. The Company’s segment is engaged in the acquisition and exploration of precious metals projects. The Company has determined not to limit its search for a new project to the mining and resource sector and is broadening its search to other opportunities where it may be possible to create shareholder value.
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