Mandalay Resources Co. (OTCMKTS:MNDJF) Short Interest Update

Mandalay Resources Co. (OTCMKTS:MNDJF) saw a large increase in short interest in November. As of November 30th, there was short interest totalling 5,700 shares, an increase of 2,750.0% from the November 15th total of 200 shares. Based on an average daily volume of 38,800 shares, the short-interest ratio is currently 0.1 days.

Mandalay Resources Stock Performance

Shares of OTCMKTS:MNDJF traded up C$0.03 during trading on Friday, reaching C$3.11. The stock had a trading volume of 68,730 shares, compared to its average volume of 8,782. The business has a fifty day moving average price of C$2.50 and a 200-day moving average price of C$2.12. Mandalay Resources has a fifty-two week low of C$1.03 and a fifty-two week high of C$3.13.

Mandalay Resources Company Profile

Mandalay Resources Corporation, together with its subsidiaries, engages in the acquisition, exploration, extraction, processing, and reclamation of mineral properties in Canada, Australia, Sweden, and Chile. It explores for gold, silver, and antimony deposits, as well as other base metal. The company primarily holds 100% interests in the Costerfield gold-antimony mine covering an area of 1,219 hectares located in Victoria, Australia; and the Björkdal gold mine covering an area of 12,949 located in Skelleftea, Sweden.