Short Interest in Bravo Mining Corp. (OTCMKTS:BRVMF) Decreases By 51.6%

Bravo Mining Corp. (OTCMKTS:BRVMF) was the target of a significant drop in short interest in October. As of October 15th, there was short interest totaling 29,100 shares, a drop of 51.6% from the September 30th total of 60,100 shares. Based on an average daily trading volume, of 107,800 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily trading volume, of 107,800 shares, the days-to-cover ratio is presently 0.3 days.

Bravo Mining Price Performance

Shares of BRVMF stock opened at $2.09 on Friday. The business’s 50-day moving average price is $2.42 and its 200-day moving average price is $2.20. Bravo Mining has a 12 month low of $1.05 and a 12 month high of $3.12.

About Bravo Mining

Bravo Mining Corp., a mineral exploration company, engages in the acquisition, exploration, operation, and development of mineral properties. It primarily focuses on Luanga project, a platinum group metals, gold, and nickel project, which comprise 7,810 hectares mining exploration license located in the Carajás Mineral Province, Pará State, Brazil.