Eskay Mining Corp. (OTCMKTS:ESKYF) Sees Large Drop in Short Interest

Eskay Mining Corp. (OTCMKTS:ESKYF) was the target of a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 230 shares, a decline of 84.6% from the July 15th total of 1,495 shares. Based on an average daily trading volume, of 10,052 shares, the days-to-cover ratio is presently 0.0 days.

Eskay Mining Stock Performance

Shares of ESKYF stock opened at C$0.24 on Wednesday. Eskay Mining has a 1 year low of C$0.15 and a 1 year high of C$0.55. The firm’s 50 day moving average is C$0.26 and its 200-day moving average is C$0.31.

About Eskay Mining

Eskay Mining Corp., trading under the symbol ESKYF on the OTC Markets, is a junior mineral exploration company focused on advancing high-grade gold and silver projects in British Columbia’s prolific Golden Triangle region. The company’s flagship asset is the Eskay Creek Seel deposit, located adjacent to the historic Eskay Creek mine, which produced more than 3.3 million ounces of gold and 160 million ounces of silver between 1994 and 2008. Eskay Mining holds a 100% interest in this property and is pursuing systematic drilling, resource definition and metallurgical studies to assess the project’s potential for near-surface mineralization and bulk tonnage discovery.

In addition to Eskay Creek Seel, the company controls a portfolio of exploration licences spanning more than 15,000 hectares in the Golden Triangle, an area recognized for world-class mineral endowments, well-established infrastructure and year-round accessibility.