Liberty Silver Corp. (OTCMKTS:BHLL) Sees Significant Growth in Short Interest

Liberty Silver Corp. (OTCMKTS:BHLL) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totaling 414,248 shares, a growth of 413.5% from the August 15th total of 80,666 shares. Approximately 0.9% of the shares of the company are sold short. Based on an average daily volume of 184,130 shares, the short-interest ratio is currently 2.2 days.

Liberty Silver Price Performance

Shares of OTCMKTS:BHLL opened at $3.31 on Friday. Liberty Silver has a 12 month low of $2.89 and a 12 month high of $8.75. The firm has a market capitalization of $156.27 million, a price-to-earnings ratio of -2.42 and a beta of 1.27. The business’s 50 day simple moving average is $3.40 and its 200-day simple moving average is $3.99. The company has a debt-to-equity ratio of 9.20, a current ratio of 0.49 and a quick ratio of 0.45.

Liberty Silver (OTCMKTS:BHLL) last posted its earnings results on Friday, July 31st. The company reported ($0.09) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.29) by $0.20. As a group, equities analysts forecast that Liberty Silver will post 0.17 earnings per share for the current fiscal year.

About Liberty Silver

Liberty Silver Corp. is a mineral exploration company focused on the acquisition, exploration and development of silver and associated base metal properties. The company’s core business activity centers on identifying high-potential silver and cobalt projects in the Americas and advancing those properties through systematic drilling, resource definition and permitting efforts. Liberty Silver seeks to leverage emerging market demand for silver in renewable energy and industrial applications.

The company holds interests in several early to advanced-stage exploration projects.