Monument Mining Limited (OTCMKTS:MMTMF) Sees Significant Increase in Short Interest

Monument Mining Limited (OTCMKTS:MMTMFGet Free Report) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 205,203 shares, an increase of 242.0% from the August 15th total of 59,994 shares. Based on an average daily volume of 312,382 shares, the short-interest ratio is presently 0.7 days.

Monument Mining Trading Down 1.7%

Shares of OTCMKTS:MMTMF opened at $0.71 on Monday. The company has a 50 day moving average of $0.63 and a 200-day moving average of $0.65. Monument Mining has a one year low of $0.34 and a one year high of $1.15.

About Monument Mining

(Get Free Report)

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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