Meridian Mining UK Societas (OTCMKTS:MRRDF) Short Interest Update

Meridian Mining UK Societas (OTCMKTS:MRRDF) was the target of a large increase in short interest in January. As of January 15th, there was short interest totalling 152,000 shares, an increase of 26.8% from the December 31st total of 119,900 shares. Based on an average daily volume of 131,900 shares, the days-to-cover ratio is presently 1.2 days.

Meridian Mining UK Societas Stock Down 1.6 %

OTCMKTS:MRRDF traded down C$0.01 on Monday, reaching C$0.30. 15,000 shares of the stock traded hands, compared to its average volume of 70,165. The company’s fifty day simple moving average is C$0.29 and its 200 day simple moving average is C$0.30. Meridian Mining UK Societas has a 12 month low of C$0.20 and a 12 month high of C$0.44.

Meridian Mining UK Societas Company Profile

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.