Minco Capital Corp. (OTCMKTS:MGHCF) Sees Significant Drop in Short Interest

Minco Capital Corp. (OTCMKTS:MGHCF) was the target of a significant decline in short interest during the month of February. As of February 27th, there was short interest totaling 22,954 shares, a decline of 17.9% from the February 12th total of 27,954 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 5,961 shares, the short-interest ratio is presently 3.9 days. Based on an average daily trading volume, of 5,961 shares, the short-interest ratio is presently 3.9 days. Approximately 0.1% of the company’s stock are sold short.

Minco Capital Trading Up 5.0%

Shares of OTCMKTS MGHCF opened at $0.07 on Tuesday. The firm’s 50 day moving average price is $0.07 and its 200-day moving average price is $0.06. Minco Capital has a 52-week low of $0.02 and a 52-week high of $0.09. The company has a debt-to-equity ratio of 0.01, a quick ratio of 89.33 and a current ratio of 89.33. The company has a market cap of $2.98 million, a PE ratio of 3.45 and a beta of 0.10.

Minco Capital Company Profile

Minco Capital Corp., an investment company, focuses on investing in public and private companies and assets to generate income and achieve long-term capital appreciation. The company was formerly known as Minco Gold Corporation and changed its name to Minco Capital Corp. in February 2019. Minco Capital Corp. was incorporated in 1982 and is headquartered in Vancouver, Canada.