Eskay Mining Corp. (OTCMKTS:ESKYF) Sees Large Decline in Short Interest

Eskay Mining Corp. (OTCMKTS:ESKYF) saw a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 230 shares, a drop of 97.5% from the May 31st total of 9,332 shares. Based on an average daily trading volume, of 44,724 shares, the short-interest ratio is currently 0.0 days.

Eskay Mining Price Performance

Eskay Mining stock traded up C$0.01 during midday trading on Thursday, hitting C$0.26. 6,191 shares of the company’s stock were exchanged, compared to its average volume of 77,978. The stock has a 50-day moving average price of C$0.30 and a two-hundred day moving average price of C$0.31. Eskay Mining has a 52-week low of C$0.15 and a 52-week high of C$0.55.

Eskay Mining Company Profile

Eskay Mining Corp., trading under the symbol ESKYF on the OTC Markets, is a junior mineral exploration company focused on advancing high-grade gold and silver projects in British Columbia’s prolific Golden Triangle region. The company’s flagship asset is the Eskay Creek Seel deposit, located adjacent to the historic Eskay Creek mine, which produced more than 3.3 million ounces of gold and 160 million ounces of silver between 1994 and 2008. Eskay Mining holds a 100% interest in this property and is pursuing systematic drilling, resource definition and metallurgical studies to assess the project’s potential for near-surface mineralization and bulk tonnage discovery.

In addition to Eskay Creek Seel, the company controls a portfolio of exploration licences spanning more than 15,000 hectares in the Golden Triangle, an area recognized for world-class mineral endowments, well-established infrastructure and year-round accessibility.