Silver Bull Resources, Inc. (OTCMKTS:SVBL) saw a large growth in short interest in the month of September. As of September 30th, there was short interest totalling 33,900 shares, a growth of 352.0% from the September 15th total of 7,500 shares. Based on an average daily volume of 172,700 shares, the days-to-cover ratio is currently 0.2 days.
SVBL traded up $0.02 on Thursday, hitting $0.50. 29,506 shares of the company’s stock traded hands, compared to its average volume of 52,379. The company’s 50 day simple moving average is $0.84 and its 200-day simple moving average is $0.90. Silver Bull Resources has a one year low of $0.43 and a one year high of $1.25.
Silver Bull Resources (OTCMKTS:SVBL) last issued its earnings results on Tuesday, September 14th. The basic materials company reported ($0.03) earnings per share (EPS) for the quarter.
Silver Bull Resources, Inc is a mineral exploration company, which engages in the acquisition, exploration, and development of mineral properties. It holds interest in Sierra Mojada project located in Mexico. The company was founded by John Patrick Ryan on November 8, 1993 and is headquartered in Vancouver, Canada.
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