Prime Mining Corp. (OTCMKTS:PRMNF) Sees Large Decrease in Short Interest

Prime Mining Corp. (OTCMKTS:PRMNF) saw a significant decline in short interest in December. As of December 31st, there was short interest totalling 596,700 shares, a decline of 18.4% from the December 15th total of 731,500 shares. Based on an average daily volume of 33,800 shares, the days-to-cover ratio is currently 17.7 days.

Prime Mining Price Performance

Shares of PRMNF stock traded up $0.03 on Friday, hitting $1.10. The stock had a trading volume of 12,156 shares, compared to its average volume of 15,005. Prime Mining has a 52-week low of $0.83 and a 52-week high of $1.89. The stock’s 50 day moving average is $1.04 and its 200-day moving average is $1.21.

Prime Mining Company Profile

Prime Mining Corp. engages in the acquisition, exploration, and development of mineral resource properties in Mexico. The company explores for gold and silver deposits. It primarily holds a 100% interest in the Los Reyes project that consists of 37 contiguous concessions covering an area of 6,273 hectares located in Sinaloa, Mexico.