Aurcana Silver Co. (OTCMKTS:AUNFF) Sees Large Decline in Short Interest

Aurcana Silver Co. (OTCMKTS:AUNFF) was the target of a significant decline in short interest in December. As of December 31st, there was short interest totalling 34,900 shares, a decline of 39.4% from the December 15th total of 57,600 shares. Based on an average trading volume of 493,500 shares, the short-interest ratio is presently 0.1 days.

Shares of AUNFF stock traded down $0.02 on Thursday, reaching $0.73. 447,211 shares of the stock were exchanged, compared to its average volume of 1,021,351. The business’s 50 day moving average price is $0.76 and its 200 day moving average price is $0.65. Aurcana Silver has a twelve month low of $0.11 and a twelve month high of $0.99. The company has a market capitalization of $173.29 million, a price-to-earnings ratio of -12.43 and a beta of 0.32.

About Aurcana Silver

Aurcana Silver Corporation engages in the exploration, development, and operation of natural resource properties. The company primarily explores for silver, as well as for gold, lead, copper, and zinc deposits. It owns the Revenue-Virginius Mine located in Colorado; and the Shafter-Presidio silver property located in Texas, the United States.

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