Mandalay Resources Co. (OTCMKTS:MNDJF) Short Interest Down 97.1% in February

Mandalay Resources Co. (OTCMKTS:MNDJF) was the target of a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 500 shares, a decline of 97.1% from the February 13th total of 17,500 shares. Based on an average daily volume of 45,200 shares, the short-interest ratio is currently 0.0 days.

Mandalay Resources Stock Performance

MNDJF opened at C$3.29 on Thursday. Mandalay Resources has a fifty-two week low of C$1.08 and a fifty-two week high of C$3.53. The firm has a 50-day moving average of C$3.16 and a 200 day moving average of C$2.73.

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.