Prime Mining Corp. (OTCMKTS:PRMNF) Short Interest Update

Prime Mining Corp. (OTCMKTS:PRMNF) saw a significant drop in short interest in the month of August. As of August 15th, there was short interest totaling 555,800 shares, adropof28.8% from the July 31st total of 780,500 shares. Based on an average daily volume of 161,200 shares, the short-interest ratio is currently 3.4 days. Based on an average daily volume of 161,200 shares, the short-interest ratio is currently 3.4 days.

Prime Mining Trading Up 1.1%

Shares of PRMNF traded up $0.03 during mid-day trading on Monday, reaching $2.22. 2,210 shares of the stock traded hands, compared to its average volume of 35,264. The stock has a fifty day simple moving average of $1.73 and a 200 day simple moving average of $1.31. Prime Mining has a 12-month low of $0.83 and a 12-month high of $2.26.

Prime Mining Company Profile

Prime Mining Corp. engages in the acquisition, exploration, and development of mineral resource properties in Mexico. The company explores for gold and silver deposits. It primarily holds a 100% interest in the Los Reyes project that consists of 37 contiguous concessions covering an area of 6,273 hectares located in Sinaloa, Mexico.