Spearmint Resources Inc. (OTCMKTS:SPMTF) Short Interest Down 94.2% in June

Spearmint Resources Inc. (OTCMKTS:SPMTF) was the recipient of a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 11,435 shares, a drop of 94.2% from the May 31st total of 195,639 shares. Based on an average trading volume of 65,557 shares, the short-interest ratio is currently 0.2 days.

Spearmint Resources Stock Performance

Shares of OTCMKTS:SPMTF remained flat at $0.05 during midday trading on Thursday. The company had a trading volume of 7,500 shares, compared to its average volume of 83,704. The business’s 50 day moving average price is $0.05 and its two-hundred day moving average price is $0.06. Spearmint Resources has a 12 month low of $0.02 and a 12 month high of $0.15.

About Spearmint Resources

Spearmint Resources Ltd. is a Canadian-based junior mineral exploration company focused on the acquisition, exploration and development of gold and silver projects in North America. The company holds several exploration properties, most notably the Currans Pond Gold–Silver project in Newfoundland and the Silverton Silver–Gold project in Nevada. Through systematic geochemical sampling, geological mapping and targeted drilling programs, Spearmint Resources aims to define high-grade mineralized zones and advance its projects toward resource delineation.

At the Currans Pond project, Spearmint Resources has identified multiple showings of orogenic-style gold and polymetallic mineralization along favorable structural trends.