Medaro Mining Corp. (OTCMKTS:MEDAF) Sees Large Decline in Short Interest

Medaro Mining Corp. (OTCMKTS:MEDAF) was the recipient of a significant decline in short interest in April. As of April 30th, there was short interest totaling 5,363 shares, a decline of 63.5% from the April 15th total of 14,693 shares. Based on an average daily volume of 10,423 shares, the days-to-cover ratio is currently 0.5 days.

Medaro Mining Stock Down 0.4%

Shares of MEDAF traded down $0.00 during trading hours on Friday, hitting $0.39. 4,035 shares of the stock were exchanged, compared to its average volume of 19,300. Medaro Mining has a 12-month low of $0.05 and a 12-month high of $0.56. The stock’s 50-day moving average price is $0.37 and its two-hundred day moving average price is $0.27.

About Medaro Mining

Medaro Mining Corp. acquires, explores, and evaluates mineral resource properties in Canada. The company holds an option to acquire 100% interest in the Superb Lake property that consists of 8 mining claims covering an area of approximately 2,187 hectares located in the Thunder Bay mining district of Northwestern Ontario, Canada; and CYR South lithium property that consists of 52 mineral claims covering an area of approximately 2,748 hectares located in James Bay area of Quebec. It also holds an option to acquire 70% interest in the Yurchison Uranium property that consists of 12 mining claims covering an area of 55,934 hectares located in the Wollaston Domain, Northern Saskatchewan; and an option to acquire 100% interest in the Darlin Li-Be Property in Quebec.