Orosur Mining Inc. (OTCMKTS:OROXF) Sees Large Drop in Short Interest

Orosur Mining Inc. (OTCMKTS:OROXF) was the recipient of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 6,135 shares, a decrease of 88.4% from the September 30th total of 53,029 shares. Based on an average trading volume of 28,104 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are sold short.

Orosur Mining Stock Performance

Shares of OROXF stock remained flat at $0.16 during trading hours on Wednesday. The stock had a trading volume of 6,300 shares. Orosur Mining has a 1 year low of $0.01 and a 1 year high of $0.64. The business has a 50 day simple moving average of $0.22 and a 200-day simple moving average of $0.26.

Orosur Mining Company Profile

Orosur Mining Inc is a mineral exploration and development company focused primarily on gold projects in South America. The company’s activities include geological exploration, resource evaluation, project development and related permitting work rather than the sale of finished products.

Orosur’s principal asset is the Anzá gold project in Colombia’s Antioquia department. The project covers a prospective area within a well-known gold-producing region and includes exploration targets associated with epithermal and porphyry-style mineralization.