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

Mandalay Resources Co. (OTCMKTS:MNDJF) saw a significant decline in short interest during the month of July. As of July 15th, there was short interest totalling 7,800 shares, a decline of 62.9% from the June 30th total of 21,000 shares. Based on an average trading volume of 4,100 shares, the days-to-cover ratio is currently 1.9 days.

Mandalay Resources Trading Down 5.2 %

Shares of MNDJF stock traded down C$0.10 on Thursday, reaching C$1.72. 14,570 shares of the stock were exchanged, compared to its average volume of 4,636. Mandalay Resources has a one year low of C$1.00 and a one year high of C$1.94. The stock has a 50 day moving average price of C$1.65 and a 200 day moving average price of C$1.45.

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.