Evolution Mining Limited (OTCMKTS:CAHPF) Sees Significant Decline in Short Interest

Evolution Mining Limited (OTCMKTS:CAHPF) was the target of a significant decrease in short interest during the month of April. As of April 15th, there was short interest totalling 12,317,500 shares, a decrease of 10.3% from the March 31st total of 13,738,400 shares. Based on an average trading volume of 43,300 shares, the short-interest ratio is currently 284.5 days.

Evolution Mining Price Performance

Shares of CAHPF opened at $2.62 on Wednesday. Evolution Mining has a 52-week low of $1.86 and a 52-week high of $2.81. The business’s 50 day moving average price is $2.29 and its two-hundred day moving average price is $2.31.

Evolution Mining Company Profile

Evolution Mining Limited engages in the exploration, mine development and operation, and sale of gold and gold-copper concentrates in Australia and Canada. The company also explores for copper and silver deposits. It owns and operates mines, including Cowal in New South Wales; Ernest Henry and Mt Rawdon in Queensland; Mungari in Western Australia; and Red Lake in Ontario, Canada.