Encanto Potash (CVE:EPO) Share Price Crosses Below 200-Day Moving Average – Should You Sell?

Encanto Potash Corp (CVE:EPO) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.05 and traded as low as C$0.05. Encanto Potash shares last traded at C$0.05, with a volume of 100,500 shares changing hands.

Encanto Potash Price Performance

The business’s 50 day simple moving average is C$0.05 and its 200 day simple moving average is C$0.05. The company has a market capitalization of C$2.29 million and a PE ratio of -1.25.

Encanto Potash Company Profile

Encanto Potash Corp. engages in the exploration and development of potash properties in the province of Saskatchewan, Canada. Its primary property includes a 100% interest in the Muskowekwan First Nation project covering an area of approximately 61,400 acres located to the north of Regina, Saskatchewan.