Monument Mining Limited (OTCMKTS:MMTMF – Get Free Report) saw a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 69,245 shares, a growth of 1,291.0% from the April 30th total of 4,978 shares. Based on an average daily trading volume, of 182,161 shares, the days-to-cover ratio is presently 0.4 days.
Monument Mining Trading Up 1.3%
Shares of MMTMF opened at $0.64 on Thursday. The firm has a 50-day simple moving average of $0.65 and a two-hundred day simple moving average of $0.77. Monument Mining has a 1-year low of $0.27 and a 1-year high of $1.15.
About Monument Mining
Monument Mining Limited (OTCMKTS: MMTMF) is a gold producer and explorer focused on brownfields mining projects in Southeast Asia and Western Australia. Incorporated in 2007 and headquartered in Vancouver, British Columbia, the company’s primary objective is to advance gold assets through production, resource expansion and exploration programs.
The company’s flagship asset is the Selinsing Gold Project, located near Gopeng in Perak, Malaysia. Selinsing comprises an operating underground and open‐pit mine, supported by a carbon‐in‐leach processing plant.
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