Short Interest in Meridian Mining UK Societas (OTCMKTS:MRRDF) Rises By 15.2%

Meridian Mining UK Societas (OTCMKTS:MRRDF) was the recipient of a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 96,800 shares, an increase of 15.2% from the August 15th total of 84,000 shares. Based on an average daily trading volume, of 36,700 shares, the days-to-cover ratio is currently 2.6 days.

Meridian Mining UK Societas Trading Up 3.2 %

Meridian Mining UK Societas stock traded up C$0.01 during midday trading on Tuesday, reaching C$0.30. The stock had a trading volume of 952 shares, compared to its average volume of 29,226. Meridian Mining UK Societas has a 12 month low of C$0.20 and a 12 month high of C$0.44. The firm’s 50-day moving average price is C$0.31 and its 200 day moving average price is C$0.32.

About Meridian Mining UK Societas

Meridian Mining UK Societas, together with its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in Brazil. It explores for manganese, gold, copper, and tin deposits. The company holds a 100% interest in the Espigão polymetallic project and the Ariquemes tin project located in Rondônia.