Liberty Silver Corp. (OTCMKTS:BHLL) Sees Significant Increase in Short Interest

Liberty Silver Corp. (OTCMKTS:BHLL) saw a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 54,108 shares, an increase of 72.3% from the June 30th total of 31,405 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 70,801 shares, the days-to-cover ratio is presently 0.8 days.

Wall Street Analyst Weigh In

Separately, Zacks Research raised Liberty Silver to a “hold” rating in a research report on Tuesday, April 7th. One research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy”.

Liberty Silver Trading Down 1.6%

Shares of BHLL stock opened at $3.15 on Friday. The firm has a fifty day moving average price of $3.65 and a 200 day moving average price of $4.51. The company has a market cap of $148.71 million, a P/E ratio of -2.46 and a beta of 1.21. Liberty Silver has a 12 month low of $2.80 and a 12 month high of $8.75.

Liberty Silver (OTCMKTS:BHLL) last posted its quarterly earnings results on Friday, July 31st. The company reported ($0.09) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.29) by $0.20. On average, equities analysts forecast that Liberty Silver will post -0.19 EPS for the current year.

Liberty Silver Company Profile

Liberty Silver Corp. is a mineral exploration company focused on the acquisition, exploration and development of silver and associated base metal properties. The company’s core business activity centers on identifying high-potential silver and cobalt projects in the Americas and advancing those properties through systematic drilling, resource definition and permitting efforts. Liberty Silver seeks to leverage emerging market demand for silver in renewable energy and industrial applications.

The company holds interests in several early to advanced-stage exploration projects.