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Notable Two Hundred Day Moving Average Cross - RMC

In trading on Wednesday, shares of Reservoir Minerals Inc (RMC.TO"> RMC.TO) crossed below their 200 day moving average of $2.74, changing hands as low as $2.60 per share. Reservoir Minerals Inc shares are currently trading down about 7.2% on the day. The chart below shows the one year performance of RMC shares, versus its 200 day moving average:

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Reservoir Minerals Inc 200 Day Moving Average Chart

Looking at the chart above, RMC's low point in its 52 week range is $0.54 per share, with $3.85 as the 52 week high point — that compares with a last trade of $2.62.