Shares of Chalice Mining Limited (OTC:CGMLF – Get Rating) fell 1.5% during mid-day trading on Friday . The stock traded as low as $4.25 and last traded at $4.25. 1,000 shares changed hands during trading, an increase of 8% from the average session volume of 924 shares. The stock had previously closed at $4.32.

Analyst Ratings Changes

Separately, Jefferies Financial Group downgraded shares of Chalice Mining from a "hold" rating to an "underperform" rating in a report on Friday, January 27th.

Chalice Mining Stock Performance

The firm's 50-day moving average price is $4.42 and its 200 day moving average price is $3.46.

About Chalice Mining

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Chalice Mining Limited operates as a mineral exploration and evaluation company. The company explores for gold, copper, cobalt, palladium, platinum group element, and nickel deposits. Its flagship properties include the Julimar Nickel-Copper-Platinum group element project that covers an area of approximately 740 square kilometers located in Avon Region, Western Australia; and the Barrabarra Nickel -Copper- Platinum group element project located in Geraldton.

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