Opawica Explorations Inc. (OTCMKTS:OPWEF) Stock Short Interest Jumps 526.8%

Opawica Explorations Inc. (OTCMKTS:OPWEF) saw a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 73,502 shares, a growth of 526.8% from the September 15th total of 11,726 shares. Based on an average daily trading volume, of 59,251 shares, the days-to-cover ratio is presently 1.2 days.

Opawica Explorations Stock Performance

OTCMKTS OPWEF traded down $0.01 on Friday, hitting $0.09. 64,550 shares of the company’s stock traded hands, compared to its average volume of 28,501. The firm’s 50-day moving average price is $0.09 and its two-hundred day moving average price is $0.08. Opawica Explorations has a 1-year low of $0.04 and a 1-year high of $0.11.

Opawica Explorations Company Profile

Opawica Explorations Inc is a Canadian mineral exploration company focused on the acquisition, evaluation and advancement of mineral properties prospective for gold and other metals. The company does not operate producing mines; its activities center on geological mapping, sampling, drilling and other exploration work intended to identify and assess mineral resources.

Opawica’s principal exploration interests are in Quebec’s Abitibi region, one of Canada’s best-known mining districts. Its portfolio has included the Bazooka and McWatters properties, which are located in or near the Rouyn-Noranda area and are considered prospective for gold mineralization.