Notable Two Hundred Day Moving Average Cross - RR

In trading on Wednesday, shares of Rainy River Resources Ltd (TSX: RR.TO) crossed below their 200 day moving average of $3.43, changing hands as low as $3.40 per share. Rainy River Resources Ltd shares are currently trading off about 1.4% on the day. The chart below shows the one year performance of RR shares, versus its 200 day moving average:

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Rainy River Resources Ltd 200 Day Moving Average Chart

Looking at the chart above, RR's low point in its 52 week range is $1.97 per share, with $6.17 as the 52 week high point — that compares with a last trade of $3.40.
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