Mandalay Resources Co. (OTCMKTS:MNDJF) Short Interest Update

Mandalay Resources Co. (OTCMKTS:MNDJF) saw a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 5,700 shares, an increase of 2,750.0% from the November 15th total of 200 shares. Based on an average daily trading volume, of 38,800 shares, the days-to-cover ratio is currently 0.1 days.

Mandalay Resources Stock Performance

Shares of Mandalay Resources stock traded up C$0.03 on Friday, hitting C$3.11. 68,730 shares of the company’s stock traded hands, compared to its average volume of 8,782. Mandalay Resources has a one year low of C$1.03 and a one year high of C$3.13. The firm’s 50-day moving average price is C$2.50 and its two-hundred day moving average price is C$2.12.

About Mandalay Resources

Mandalay Resources Corporation, together with its subsidiaries, engages in the acquisition, exploration, extraction, processing, and reclamation of mineral properties in Canada, Australia, Sweden, and Chile. It explores for gold, silver, and antimony deposits, as well as other base metal. The company primarily holds 100% interests in the Costerfield gold-antimony mine covering an area of 1,219 hectares located in Victoria, Australia; and the Björkdal gold mine covering an area of 12,949 located in Skelleftea, Sweden.