Spearmint Resources Inc. (OTCMKTS:SPMTF – Get Rating) saw a large increase in short interest in the month of August. As of August 15th, there was short interest totalling 102,300 shares, an increase of 46.1% from the July 31st total of 70,000 shares. Based on an average daily volume of 250,000 shares, the days-to-cover ratio is currently 0.4 days.
Spearmint Resources Price Performance
OTCMKTS:SPMTF remained flat at $0.05 during trading hours on Friday. 8,000 shares of the company's stock traded hands, compared to its average volume of 127,949. The business's fifty day simple moving average is $0.06 and its 200 day simple moving average is $0.08. Spearmint Resources has a 52 week low of $0.05 and a 52 week high of $0.16.
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Spearmint Resources Inc, an exploration stage company, acquires, explores, and evaluates mineral properties in Canada and the United States. The company explores for gold, platinum, palladium, copper, nickel, lithium, vanadium, and cesium. Its flagship property is the McGee Lithium Clay project covering an area of approximately 880 acres located in Clayton Valley, Nevada.Further Reading
- Get a free copy of the StockNews.com research report on Spearmint Resources (SPMTF)
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