Medaro Mining Corp. (OTCMKTS:MEDAF – Get Rating) was the recipient of a significant decline in short interest during the month of August. As of August 31st, there was short interest totalling 24,000 shares, a decline of 25.9% from the August 15th total of 32,400 shares. Based on an average daily volume of 123,900 shares, the days-to-cover ratio is currently 0.2 days.
Medaro Mining Stock Performance
Shares of OTCMKTS MEDAF traded up 0.01 during trading on Friday, reaching 0.19. The company had a trading volume of 86,300 shares, compared to its average volume of 144,113. The stock has a 50-day moving average price of 0.22 and a two-hundred day moving average price of 0.38. Medaro Mining has a twelve month low of 0.18 and a twelve month high of 0.96.
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Medaro Mining Corp. acquires, explores, and evaluates mineral resource properties in Canada. The company holds an option to acquire 100% interest in the Superb Lake property that consists of 8 mining claims covering an area of approximately 2,187 hectares located in the Thunder Bay mining district of Northwestern Ontario, Canada; and CYR South lithium property that consists of 52 mineral claims covering an area of approximately 2,748 hectares located in James Bay area of Quebec.Featured Articles
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