PLG Makes Notable Cross Below Critical Moving Average

In trading on Wednesday, shares of Pilot Gold Inc. (TSX: PLG.TO) crossed below their 200 day moving average of $1.28, changing hands as low as $1.27 per share. Pilot Gold Inc. shares are currently trading off about 3% on the day. The chart below shows the one year performance of PLG shares, versus its 200 day moving average:

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Pilot Gold Inc. 200 Day Moving Average Chart

Looking at the chart above, PLG's low point in its 52 week range is $0.78 per share, with $1.77 as the 52 week high point — that compares with a last trade of $1.27.

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