Mayfair Gold Corp. (NYSEAMERICAN:MINE) Sees Large Drop in Short Interest

Mayfair Gold Corp. (NYSEAMERICAN:MINE) saw a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 25,324 shares, a decrease of 36.4% from the April 30th total of 39,796 shares. Based on an average daily trading volume, of 31,299 shares, the days-to-cover ratio is presently 0.8 days.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised Mayfair Gold to a “hold” rating in a report on Friday, February 20th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company has a consensus rating of “Hold”.

Mayfair Gold Price Performance

Shares of Mayfair Gold stock opened at $2.95 on Wednesday. The firm’s fifty day simple moving average is $3.04. Mayfair Gold has a 1 year low of $2.00 and a 1 year high of $4.88.