Magna Mining Inc. (OTCMKTS:MGMNF) Short Interest Update

Magna Mining Inc. (OTCMKTS:MGMNF) was the recipient of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 163,700 shares, a growth of 31.5% from the February 28th total of 124,500 shares. Based on an average daily volume of 77,000 shares, the days-to-cover ratio is currently 2.1 days.

Magna Mining Trading Down 0.3 %

Shares of OTCMKTS MGMNF traded down $0.00 during mid-day trading on Tuesday, reaching $1.09. The company had a trading volume of 66,227 shares, compared to its average volume of 60,943. Magna Mining has a 52 week low of $0.38 and a 52 week high of $1.28. The business’s 50-day moving average is $1.16 and its 200-day moving average is $1.04.

About Magna Mining

Magna Mining Inc engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for nickel, copper, and platinum group metal deposits. Its flagship property is 100% owned the Shakespeare Mine consisting of 29 patented claims, 3 leased claims, and 787 mining claims covering an area of 18074.94 hectares located in Sudbury, Canada.