Mandalay Resources Co. (OTCMKTS:MNDJF) Short Interest Update

Mandalay Resources Co. (OTCMKTS:MNDJF) was the recipient of a large decrease in short interest during the month of November. As of November 15th, there was short interest totalling 200 shares, a decrease of 97.0% from the October 31st total of 6,600 shares. Based on an average daily volume of 17,700 shares, the short-interest ratio is currently 0.0 days.

Mandalay Resources Trading Up 1.5 %

Mandalay Resources stock traded up C$0.04 during midday trading on Thursday, reaching C$2.49. The company had a trading volume of 24,475 shares, compared to its average volume of 7,277. The firm’s fifty day simple moving average is C$2.41 and its 200-day simple moving average is C$2.03. Mandalay Resources has a 12-month low of C$1.03 and a 12-month high of C$2.62.

About Mandalay Resources

Mandalay Resources Corporation, together with its subsidiaries, engages in the acquisition, exploration, extraction, processing, and reclamation of mineral properties in Canada, Australia, Sweden, and Chile. It explores for gold, silver, and antimony deposits, as well as other base metal. The company primarily holds 100% interests in the Costerfield gold-antimony mine covering an area of 1,219 hectares located in Victoria, Australia; and the Björkdal gold mine covering an area of 12,949 located in Skelleftea, Sweden.