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Short Interest in Braveheart Resources Inc. (OTCMKTS:RIINF) Declines By 90.6%

Financial News Live ·  Nov 12, 2022 11:51

Braveheart Resources Inc. (OTCMKTS:RIINF – Get Rating) was the target of a large decrease in short interest in October. As of October 31st, there was short interest totalling 8,000 shares, a decrease of 90.6% from the October 15th total of 85,200 shares. Based on an average trading volume of 143,500 shares, the short-interest ratio is currently 0.1 days.

Braveheart Resources Price Performance

Shares of RIINF remained flat at $0.06 during mid-day trading on Friday. The stock had a trading volume of 79,000 shares, compared to its average volume of 139,033. The stock has a 50-day simple moving average of $0.05 and a 200-day simple moving average of $0.06. Braveheart Resources has a twelve month low of $0.03 and a twelve month high of $0.09. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.06 and a quick ratio of 0.06.

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Braveheart Resources (OTCMKTS:RIINF – Get Rating) last released its quarterly earnings results on Wednesday, September 28th. The company reported ($0.01) earnings per share for the quarter.

Braveheart Resources Company Profile

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Braveheart Resources Inc, an exploration stage company, acquires, develops, and explores for mineral properties primarily in Canada. The company explores for gold, copper, nickel, platinum, palladium, and silver deposits. Its principal project is the 100% owned Bull River Mine located in the Cranbrook, British Colombia.

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