Capricorn Metals Ltd (OTCMKTS:CRNLF) Sees Large Growth in Short Interest

Capricorn Metals Ltd (OTCMKTS:CRNLF) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totalling 365,000 shares, an increase of 7.5% from the December 31st total of 339,500 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 3,650.0 days.

Capricorn Metals Stock Performance

Shares of CRNLF stock opened at C$4.60 on Tuesday. The firm has a fifty day simple moving average of C$4.38 and a 200-day simple moving average of C$4.10. Capricorn Metals has a twelve month low of C$2.90 and a twelve month high of C$4.60.

Capricorn Metals Company Profile

Capricorn Metals Ltd engages in the evaluation, exploration, development, and production of gold properties in Australia. It holds a 100% interest in the Karlawinda gold project located in the Pilbara region of Western Australia; and the Mt Gibson Gold Project located in the Murchison region of Western Australia.