Mandalay Resources Co. (OTCMKTS:MNDJF) Short Interest Down 97.0% in November

Mandalay Resources Co. (OTCMKTS:MNDJF) saw a significant drop in short interest in the month of November. As of November 15th, there was short interest totalling 200 shares, a drop of 97.0% from the October 31st total of 6,600 shares. Based on an average daily trading volume, of 17,700 shares, the days-to-cover ratio is currently 0.0 days.

Mandalay Resources Stock Up 1.5 %

MNDJF traded up C$0.04 on Friday, reaching C$2.49. The stock had a trading volume of 24,475 shares, compared to its average volume of 7,277. The business’s 50-day moving average price is C$2.41 and its two-hundred day moving average price is C$2.03. Mandalay Resources has a 12-month low of C$1.03 and a 12-month high of C$2.62.

About Mandalay Resources

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.