Callinex Mines Inc. (OTCMKTS:CLLXF) Sees Large Drop in Short Interest

Callinex Mines Inc. (OTCMKTS:CLLXF) was the target of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totalling 8,500 shares, a decrease of 69.1% from the May 31st total of 27,500 shares. Based on an average daily volume of 40,800 shares, the short-interest ratio is currently 0.2 days.

Callinex Mines Stock Down 5.8 %

Shares of CLLXF stock traded down $0.06 during trading hours on Friday, reaching $0.98. 48,872 shares of the stock traded hands, compared to its average volume of 15,270. Callinex Mines has a 1-year low of $0.87 and a 1-year high of $2.80. The business has a fifty day moving average price of $1.03 and a 200 day moving average price of $1.07.

Callinex Mines Company Profile

Callinex Mines Inc engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for copper, zinc, gold, and silver deposits. Its principal project portfolio includes the Pine Bay project that covers an area of 6,795 square hectare and 77 contiguous mineral claims situated in the Flin Flon Mining District, Manitoba; and the Nash Creek property, which comprises seven contiguous mineral claims that covers an area of 15,542.31 hectares located in Restigouche County in northeast New Brunswick.