Meridian Mining UK Societas (OTCMKTS:MRRDF) Sees Large Increase in Short Interest

Meridian Mining UK Societas (OTCMKTS:MRRDF) saw a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 249,100 shares, a growth of 42.4% from the February 28th total of 174,900 shares. Based on an average daily volume of 71,600 shares, the days-to-cover ratio is presently 3.5 days.

Meridian Mining UK Societas Trading Up 1.7 %

MRRDF traded up C$0.01 during trading on Tuesday, reaching C$0.45. The company had a trading volume of 1,050 shares, compared to its average volume of 51,838. Meridian Mining UK Societas has a 12-month low of C$0.24 and a 12-month high of C$0.48. The firm’s 50-day simple moving average is C$0.35 and its 200 day simple moving average is C$0.32.

About Meridian Mining UK Societas

Meridian Mining UK Societas, together with its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in Brazil. It explores for manganese, gold, copper, and tin deposits. The company holds a 100% interest in the Espigão polymetallic project and the Ariquemes tin project located in Rondônia.