Mandalay Resources Co. (OTCMKTS:MNDJF) Short Interest Update

Mandalay Resources Co. (OTCMKTS:MNDJF) saw a large growth in short interest in April. As of April 15th, there was short interest totalling 45,200 shares, a growth of 2,052.4% from the March 31st total of 2,100 shares. Based on an average daily volume of 13,000 shares, the short-interest ratio is currently 3.5 days.

Mandalay Resources Trading Down 1.2 %

MNDJF stock traded down C$0.02 during midday trading on Thursday, reaching C$1.66. The stock had a trading volume of 480 shares, compared to its average volume of 6,012. The company’s fifty day simple moving average is C$1.27 and its 200 day simple moving average is C$1.30. Mandalay Resources has a 52-week low of C$1.00 and a 52-week high of C$1.79.

About Mandalay Resources

Mandalay Resources Corporation, together with its subsidiaries, engages in the acquisition, exploration, extraction, processing, and reclamation of mineral properties in Canada, Australia, Sweden, and Chile. It explores for gold, silver, and antimony deposits, as well as other base metal. The company primarily holds 100% interests in the Costerfield gold-antimony mine covering an area of 1,219 hectares located in Victoria, Australia; and the Björkdal gold mine covering an area of 12,949 located in Skelleftea, Sweden.