Spearmint Resources Inc. (OTCMKTS:SPMTF) Sees Significant Decrease in Short Interest

Spearmint Resources Inc. (OTCMKTS:SPMTF) was the target of a large decline in short interest during the month of December. As of December 31st, there was short interest totalling 85,800 shares, a decline of 27.8% from the December 15th total of 118,900 shares. Based on an average daily trading volume, of 433,200 shares, the days-to-cover ratio is currently 0.2 days.

Spearmint Resources Stock Performance

SPMTF traded down $0.00 during midday trading on Friday, reaching $0.01. 217,296 shares of the company’s stock were exchanged, compared to its average volume of 163,520. Spearmint Resources has a 1-year low of $0.00 and a 1-year high of $0.02. The business’s 50-day moving average price is $0.02 and its 200 day moving average price is $0.01.

Spearmint Resources Company Profile

Spearmint Resources Inc, an exploration stage company, engages in in the identification, acquisition, and exploration of mineral properties in Canada and the United States. The company explores for gold, platinum, lithium, palladium, copper, nickel, cesium, vanadium, and other mineral properties. It holds 100% interests in the McGee Lithium Clay Deposit, Elon Lithium Brine Project that covers an area of approximately 3,164 acres, and Green Clay Lithium Project that covers an area of approximately 2,004 acres located in Clayton Valley, Nevada.