Queensland Gold Hills Corp (TSXV:OZAU) (OTCMKTS:MNNFF) Stock Consolidate After The Recent Fall

Queensland Gold Hills Corp (TSXV:OZAU) (OTCMKTS:MNNFF) is moving in a range after announcing that the Frankfurt Stock Exchange has approved the listing of its shares in the exchange under ticker symbol FSE: MB3.

Market Stats

On Thursday, MNNFF stock ended flat at $0.25 with more than 10 shares, compared to its average volume of 637 shares. The stock has moved within a range of $0.2500 – 0.2500 after opening trading at $0.25.

Queensland Gold Hills Announces Listing on the Frankfurt Stock Exchange

The firm’s common shares are currently traded on both the TSX Venture Exchange and the Frankfurt Stock Exchange. The Frankfurt Stock Exchange is among the world’s leading trading platforms for equities, and the biggest of Germany’s stock exchanges and the listing of the company’s stock is a significant milestone.

Blair Way, the company’s CEO, stated that as the company extends its trading exposure, they are happy to have a European listing. Way added that they intend to follow up the moves with an OTC Market listing in the US, which would allow US investors to trade more easily.

The company is committed to gold exploration in Queensland’s historic goldfields with the Big Hill Gold Projects encompasses Talgai Goldfields’ ancient mines pf Monte Cristo, Queenslander, Big Hill, and Sultan & Taylor. So, investors should watch MNNFF.

Key Quote

Blair Way, CEO, commented, “We are pleased to acquire a European listing as we expand our trading exposure. We plan to follow this up with a listing on the OTC Market in the United States to facilitate trading for American investors.”

Traders Corner

MNNFF stock is trading above the 20-Day and 50-Day Moving averages of $0.1225 and $0.0735 respectively. Moreover, the stock is trading above the 200-Day moving average of $0.0553.