Short Interest in Spearmint Resources Inc. (OTCMKTS:SPMTF) Rises By 10,061.0%

Spearmint Resources Inc. (OTCMKTS:SPMTF) saw a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 101,610 shares, a growth of 10,061.0% from the April 30th total of 1,000 shares. Based on an average trading volume of 109,322 shares, the days-to-cover ratio is currently 0.9 days.

Spearmint Resources Stock Performance

OTCMKTS:SPMTF traded up $0.00 on Wednesday, hitting $0.06. 1,800 shares of the stock were exchanged, compared to its average volume of 93,490. Spearmint Resources has a fifty-two week low of $0.02 and a fifty-two week high of $0.15. The stock has a fifty day moving average of $0.05 and a 200-day moving average of $0.06.

About Spearmint Resources

Spearmint Resources Ltd. is a Canadian-based junior mineral exploration company focused on the acquisition, exploration and development of gold and silver projects in North America. The company holds several exploration properties, most notably the Currans Pond Gold–Silver project in Newfoundland and the Silverton Silver–Gold project in Nevada. Through systematic geochemical sampling, geological mapping and targeted drilling programs, Spearmint Resources aims to define high-grade mineralized zones and advance its projects toward resource delineation.

At the Currans Pond project, Spearmint Resources has identified multiple showings of orogenic-style gold and polymetallic mineralization along favorable structural trends.