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Braveheart Resources Inc. (OTCMKTS:RIINF) Sees Large Increase in Short Interest

Financial News Live ·  Sep 30, 2022 12:12

Braveheart Resources Inc. (OTCMKTS:RIINF – Get Rating) was the recipient of a large increase in short interest in the month of September. As of September 15th, there was short interest totalling 90,700 shares, an increase of 485.2% from the August 31st total of 15,500 shares. Based on an average daily volume of 648,700 shares, the short-interest ratio is presently 0.1 days.

Braveheart Resources Stock Performance

Shares of Braveheart Resources stock traded down $0.01 on Thursday, reaching $0.05. 57,778 shares of the stock were exchanged, compared to its average volume of 152,421. The firm has a market capitalization of $11.77 million, a PE ratio of -2.55 and a beta of 1.06. Braveheart Resources has a 1-year low of $0.03 and a 1-year high of $0.09. The business has a fifty day moving average price of $0.05 and a two-hundred day moving average price of $0.06. The company has a current ratio of 0.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.16.

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Braveheart Resources Company Profile

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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.

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