Gold Road Resources Limited (OTCMKTS:ELKMF) Short Interest Update

Gold Road Resources Limited (OTCMKTS:ELKMF) saw a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 156,200 shares, a decrease of 70.6% from the February 28th total of 531,700 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 1,562.0 days.

Gold Road Resources Price Performance

Shares of ELKMF stock opened at $1.82 on Thursday. Gold Road Resources has a 12-month low of $0.99 and a 12-month high of $1.89. The firm has a fifty day moving average of $1.57 and a 200-day moving average of $1.35.

Gold Road Resources Company Profile

Gold Road Resources Limited, together with its subsidiaries, engages in the exploration of gold properties in Western Australia. It owns 50% interest in the Gruyere gold mine located in north-east of Perth. The company was formerly known as Eleckra Mines Limited and changed its name to Gold Road Resources Limited in November 2010.