Short Interest in G Mining Ventures Corp. (OTCMKTS:GMINF) Decreases By 93.7%

G Mining Ventures Corp. (OTCMKTS:GMINF) was the recipient of a large drop in short interest in July. As of July 31st, there was short interest totalling 242,200 shares, a drop of 93.7% from the July 15th total of 3,847,900 shares. Based on an average daily volume of 234,100 shares, the short-interest ratio is currently 1.0 days.

G Mining Ventures Stock Performance

OTCMKTS GMINF traded up C$0.58 during mid-day trading on Monday, hitting C$6.99. The stock had a trading volume of 55,531 shares, compared to its average volume of 24,448. G Mining Ventures has a 52-week low of C$2.85 and a 52-week high of C$7.92. The company has a 50 day simple moving average of C$3.52 and a 200 day simple moving average of C$2.21.

G Mining Ventures Company Profile

G Mining Ventures Corp. engages in the acquisition, exploration, evaluation, and development of mineral properties. Its flagship project is the Tocantinzinho gold project that includes two mining concessions covering an area of 12,889 hectares, 23 exploration licenses covering an area of 76,116 hectares, and two applications for exploration licenses covering an area of 9,395 hectares located in Pará State, Brazil.