Short Interest in Capricorn Metals Ltd (OTCMKTS:CRNLF) Declines By 24.3%

Capricorn Metals Ltd (OTCMKTS:CRNLF) was the target of a large drop in short interest in the month of June. As of June 15th, there was short interest totalling 254,600 shares, a drop of 24.3% from the May 31st total of 336,300 shares. Based on an average daily trading volume, of 600 shares, the days-to-cover ratio is currently 424.3 days.

Capricorn Metals Stock Performance

Shares of CRNLF remained flat at C$3.09 on Friday. Capricorn Metals has a 52 week low of C$2.90 and a 52 week high of C$3.25. The business’s 50-day moving average price is C$3.18 and its 200-day moving average price is C$3.08.

About Capricorn Metals

Capricorn Metals Ltd engages in the evaluation, exploration, development, and production of gold properties in Australia. It holds a 100% interest in the Karlawinda gold project located in the Pilbara region of Western Australia; and the Mt Gibson Gold Project located in the Murchison region of Western Australia.