Short Interest in Maple Gold Mines Ltd. (OTCMKTS:MGMLF) Increases By 22.6%

Maple Gold Mines Ltd. (OTCMKTS:MGMLF) saw a large increase in short interest in October. As of October 31st, there was short interest totalling 104,700 shares, an increase of 22.6% from the October 15th total of 85,400 shares. Based on an average trading volume of 237,800 shares, the days-to-cover ratio is currently 0.4 days.

Maple Gold Mines Trading Down 14.0 %

Shares of OTCMKTS MGMLF traded down C$0.01 during mid-day trading on Friday, reaching C$0.04. The company had a trading volume of 235,001 shares, compared to its average volume of 125,460. Maple Gold Mines has a twelve month low of C$0.03 and a twelve month high of C$0.07. The stock’s 50 day moving average is C$0.06 and its 200-day moving average is C$0.05.

Maple Gold Mines Company Profile

Maple Gold Mines Ltd. operates as a gold exploration company in Canada. It holds interest in the Douay gold project covering an area of approximately 357 square kilometers located in the Casa Berardi deformation zone in the Abitibi Greenstone Belt of northern Quebec; and the Joutel project covering an area of approximately 39 square kilometers located in Quebec, Canada.