Monument Mining Limited (OTCMKTS:MMTMF) Short Interest Down 70.3% in May

Monument Mining Limited (OTCMKTS:MMTMF) was the target of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 20,567 shares, a decrease of 70.3% from the May 14th total of 69,245 shares. Based on an average daily trading volume, of 95,447 shares, the short-interest ratio is presently 0.2 days.

Monument Mining Price Performance

Shares of OTCMKTS MMTMF remained flat at $0.60 during mid-day trading on Thursday. 179,605 shares of the stock were exchanged, compared to its average volume of 100,026. The business has a fifty day simple moving average of $0.65 and a 200-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.

Monument Mining Company Profile

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.