Collective Mining Ltd. (OTCMKTS:CNLMF) Short Interest Up 21.8% in August

Collective Mining Ltd. (OTCMKTS:CNLMF) saw a large increase in short interest in August. As of August 31st, there was short interest totalling 233,800 shares, an increase of 21.8% from the August 15th total of 191,900 shares. Based on an average daily trading volume, of 600 shares, the days-to-cover ratio is currently 389.7 days.

Collective Mining Trading Down 0.6 %

Shares of CNLMF traded down $0.03 during mid-day trading on Monday, reaching $4.20. The stock had a trading volume of 1,335 shares, compared to its average volume of 4,789. Collective Mining has a 52-week low of $1.49 and a 52-week high of $5.26. The company has a fifty day moving average of $4.49.

Collective Mining Company Profile

Collective Mining Ltd., an exploration and development company, focuses on identifying and exploring prospective gold projects in South America. The company explores for gold, silver, and copper deposits. It holds 100% interests in the Guayabales project consisting of 26 claims with a total area of 4,780.98 hectares located in the Caldas department of Colombia; and the San Antonio project covering an area of 4,729 hectares located in the department of Caldas, Colombia.