Magna Gold Corp. (OTCMKTS:MGLQF – Get Rating) saw a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 32,700 shares, a growth of 4,571.4% from the November 30th total of 700 shares. Based on an average daily volume of 224,300 shares, the days-to-cover ratio is currently 0.1 days.
Magna Gold Trading Down 0.5 %
Shares of MGLQF opened at 0.02 on Thursday. Magna Gold has a 1-year low of 0.02 and a 1-year high of 0.75. The firm has a fifty day simple moving average of 0.07 and a two-hundred day simple moving average of 0.17.
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Magna Gold Corp. engages in the acquisition, exploration, development, and operation of mineral properties in Mexico. The company explores for gold and silver deposits. Its principal property is the San Francisco gold project, which consists of 21 contiguous concessions covering an area of 47,395 hectares located in Sonora, Mexico.Read More
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