Short Interest in Bravo Mining Corp. (OTCMKTS:BRVMF) Grows By 129.4%

Bravo Mining Corp. (OTCMKTS:BRVMF) saw a significant growth in short interest in the month of August. As of August 15th, there was short interest totalling 3,900 shares, a growth of 129.4% from the July 31st total of 1,700 shares. Based on an average daily volume of 18,700 shares, the short-interest ratio is presently 0.2 days.

Bravo Mining Price Performance

Shares of OTCMKTS BRVMF traded up $0.06 during midday trading on Thursday, reaching $1.94. 3,700 shares of the company traded hands, compared to its average volume of 6,304. The stock has a 50-day moving average price of $2.40 and a 200 day moving average price of $1.89. Bravo Mining has a 52 week low of $1.06 and a 52 week high of $3.39.

Bravo Mining Company Profile

Bravo Mining Corp., a mineral exploration company, engages in the acquisition, exploration, operation, and development of mineral properties. It primarily focuses on Luanga project, a platinum group metals, gold, and nickel project, which comprise 7,810 hectares mining exploration license located in the Carajás Mineral Province, Pará State, Brazil.