Short Interest in Mandalay Resources Co. (OTCMKTS:MNDJF) Decreases By 17.7%

Mandalay Resources Co. (OTCMKTS:MNDJF) was the recipient of a significant decline in short interest during the month of October. As of October 15th, there was short interest totalling 7,900 shares, a decline of 17.7% from the September 30th total of 9,600 shares. Based on an average daily volume of 18,300 shares, the short-interest ratio is presently 0.4 days.

Mandalay Resources Trading Down 1.2 %

MNDJF stock opened at C$2.38 on Monday. Mandalay Resources has a 1-year low of C$1.03 and a 1-year high of C$2.62. The firm has a fifty day moving average price of C$2.31 and a two-hundred day moving average price of C$1.91.

Mandalay Resources Company Profile

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.