De Grey Mining Limited (OTCMKTS:DGMLF) Short Interest Update

De Grey Mining Limited (OTCMKTS:DGMLF) was the target of a large drop in short interest during the month of January. As of January 31st, there was short interest totalling 3,415,700 shares, a drop of 30.3% from the January 15th total of 4,900,000 shares. Based on an average daily volume of 52,900 shares, the days-to-cover ratio is currently 64.6 days.

De Grey Mining Trading Up 3.9 %

DGMLF stock traded up $0.05 during midday trading on Friday, reaching $1.32. 6,650 shares of the company were exchanged, compared to its average volume of 76,060. The business has a 50-day moving average price of $1.20 and a two-hundred day moving average price of $1.00. De Grey Mining has a one year low of $0.67 and a one year high of $1.35.

De Grey Mining Company Profile

De Grey Mining Limited engages in the exploration of mineral properties in Australia. It primarily holds a 100% interest in the Mallina Gold project covering an area of approximately 1,500 square kilometers located in the Pilbara region of Western Australia. De Grey Mining Limited was incorporated in 2000 and is based in West Perth, Australia.