ANV Crosses Below Key Moving Average Level

In trading on Wednesday, shares of Allied Nevada Gold Corp ( ANV) crossed below their 200 day moving average of $4.83, changing hands as low as $4.50 per share. Allied Nevada Gold Corp shares are currently trading off about 10.6% on the day. The chart below shows the one year performance of ANV shares, versus its 200 day moving average:

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Allied Nevada Gold Corp 200 Day Moving Average Chart

Looking at the chart above, ANV's low point in its 52 week range is $3.01 per share, with $17.39 as the 52 week high point — that compares with a last trade of $4.54.

According to the ETF Finder at ETF Channel, ANV makes up 4.63% of the SPDR S&P Metals and Mining ETF ( XME) which is trading lower by about 2.8% on the day Wednesday.

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