Short Interest in Monument Mining Limited (OTCMKTS:MMTMF) Rises By 504.8%

Monument Mining Limited (OTCMKTS:MMTMFGet Free Report) was the target of a large growth in short interest in July. As of July 31st, there was short interest totaling 75,625 shares, a growth of 504.8% from the July 15th total of 12,505 shares. Based on an average trading volume of 179,934 shares, the short-interest ratio is presently 0.4 days.

Monument Mining Stock Down 5.1%

Monument Mining stock opened at $0.60 on Wednesday. The company has a 50 day moving average price of $0.57 and a 200-day moving average price of $0.68. Monument Mining has a fifty-two week low of $0.31 and a fifty-two week high of $1.15.

About Monument Mining

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Monument Mining Limited (OTCMKTS: MMTMF) is a gold producer and explorer focused on brownfields mining projects in Southeast Asia and Western Australia. Incorporated in 2007 and headquartered in Vancouver, British Columbia, the company’s primary objective is to advance gold assets through production, resource expansion and exploration programs.

The company’s flagship asset is the Selinsing Gold Project, located near Gopeng in Perak, Malaysia. Selinsing comprises an operating underground and open‐pit mine, supported by a carbon‐in‐leach processing plant.

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