Kesselrun Resources Ltd. (OTCMKTS:KSSRF) Sees Large Drop in Short Interest

Kesselrun Resources Ltd. (OTCMKTS:KSSRF) was the target of a significant decrease in short interest in June. As of June 15th, there was short interest totalling 6,700 shares, a decrease of 74.5% from the May 31st total of 26,300 shares. Based on an average daily volume of 31,000 shares, the days-to-cover ratio is currently 0.2 days.

Kesselrun Resources Price Performance

KSSRF stock remained flat at $0.03 during midday trading on Thursday. Kesselrun Resources has a twelve month low of $0.01 and a twelve month high of $0.07. The business has a 50 day moving average of $0.04 and a 200-day moving average of $0.03.

Kesselrun Resources Company Profile

Kesselrun Resources Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. It primarily explores for gold deposits. The company owns a 100% interest in the Bluffpoint gold project that comprise 280 mining claims covering an area of approximately 8,857 hectares located in the Kenora mining division of northwestern Ontario.