Liberty Silver Corp. (OTCMKTS:BHLL) Short Interest Update

Liberty Silver Corp. (OTCMKTS:BHLL) saw a large drop in short interest in June. As of June 30th, there was short interest totaling 31,405 shares, a drop of 36.0% from the June 15th total of 49,083 shares. Based on an average daily trading volume, of 97,094 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the shares of the company are short sold.

Analysts Set New Price Targets

Separately, Zacks Research raised shares of Liberty Silver to a “hold” rating in a report on Tuesday, April 7th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Buy”.

Liberty Silver Price Performance

Shares of BHLL traded up $0.01 during trading hours on Friday, hitting $3.08. The stock had a trading volume of 8,732 shares, compared to its average volume of 40,903. The firm has a market capitalization of $143.21 million, a PE ratio of -2.41 and a beta of 1.21. Liberty Silver has a 12 month low of $2.80 and a 12 month high of $8.75. The stock has a fifty day moving average price of $3.90 and a 200 day moving average price of $4.72.

Liberty Silver (OTCMKTS:BHLL) last posted its earnings results on Thursday, May 7th. The company reported ($0.23) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.29) by $0.06. As a group, analysts anticipate that Liberty Silver will post -0.19 EPS for the current fiscal year.

About Liberty Silver

Liberty Silver Corp. is a mineral exploration company focused on the acquisition, exploration and development of silver and associated base metal properties. The company’s core business activity centers on identifying high-potential silver and cobalt projects in the Americas and advancing those properties through systematic drilling, resource definition and permitting efforts. Liberty Silver seeks to leverage emerging market demand for silver in renewable energy and industrial applications.

The company holds interests in several early to advanced-stage exploration projects.