Braveheart Resources Inc. (OTCMKTS:RIINF – Get Rating) was the target of a significant decrease in short interest in July. As of July 31st, there was short interest totalling 32,400 shares, a decrease of 24.3% from the July 15th total of 42,800 shares. Based on an average daily volume of 122,200 shares, the days-to-cover ratio is currently 0.3 days.
Braveheart Resources Stock Performance
Shares of Braveheart Resources stock opened at $0.05 on Monday. The company has a quick ratio of 0.15, a current ratio of 0.15 and a debt-to-equity ratio of 0.16. The firm has a market capitalization of $10.82 million, a P/E ratio of -2.35 and a beta of 0.98. The firm's 50 day moving average is $0.06 and its two-hundred day moving average is $0.07. Braveheart Resources has a 52 week low of $0.04 and a 52 week high of $0.09.
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Braveheart Resources Inc, an exploration stage company, locates, acquires, and explores for precious metals primarily in Canada. It explores for gold, copper, nickel, platinum, palladium, and silver deposits. The company's principal project is the Bull River Mine located in the Cranbrook, British Colombia.Further Reading
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