Cardero Resource (OTCMKTS:CDYCF) Stock Passes Above Fifty Day Moving Average of $0.03

Cardero Resource Corp (OTCMKTS:CDYCF) shares crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $0.03 and traded as high as $0.02. Cardero Resource shares last traded at $0.02, with a volume of 5,000 shares.

The company’s fifty day moving average is $0.03 and its 200-day moving average is $0.03.

About Cardero Resource (OTCMKTS:CDYCF)

Cardero Resource Corp., an exploration stage company, acquires, explores, and evaluates mineral properties in Canada and the United States. The company primarily explores for copper and silver deposits. It holds 100% interests in the Zonia copper project located in Arizona, the United States; Organullo property comprising 8 mineral claims in Salta Province, Argentina; and Mina Angela property located in Chubut Province, Argentina, as well as holds an interest in Silver Queen located in Arizona through staking.

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