Monument Mining Limited (OTCMKTS:MMTMF – Get Free Report) was the target of a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 72,686 shares, a decrease of 41.0% from the September 30th total of 123,231 shares. Based on an average daily trading volume, of 121,709 shares, the short-interest ratio is presently 0.6 days.
Monument Mining Trading Down 5.0%
Shares of Monument Mining stock traded down $0.03 on Friday, hitting $0.50. 180,168 shares of the company traded hands, compared to its average volume of 93,623. The company has a 50-day moving average price of $0.64 and a 200 day moving average price of $0.68. Monument Mining has a 12-month low of $0.49 and a 12-month high of $1.15.
About Monument Mining
Monument Mining Limited is a Canadian mineral exploration, development and production company focused primarily on gold. The company’s principal operating asset is the Selinsing Gold Mine in Pahang, Malaysia, where it mines and processes gold-bearing ore. Selinsing includes open-pit mining areas and processing facilities, with the company working to develop additional resources and extend the operation’s production potential.
Monument also holds the Murchison Gold Project in Western Australia.
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