Eurasian Minerals Breaks Above 200-Day Moving Average - Bullish for EMX

In trading on Friday, shares of Eurasian Minerals Incorporated (TSXV: EMX.TO) crossed above their 200 day moving average of $1.26, changing hands as high as $1.29 per share. Eurasian Minerals Incorporated shares are currently trading up about 12.2% on the day. The chart below shows the one year performance of EMX shares, versus its 200 day moving average:

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Eurasian Minerals Incorporated 200 Day Moving Average Chart

Looking at the chart above, EMX's low point in its 52 week range is $0.81 per share, with $2.15 as the 52 week high point — that compares with a last trade of $1.28.

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