Short Interest in De Grey Mining Limited (OTCMKTS:DGMLF) Grows By 18.8%

De Grey Mining Limited (OTCMKTS:DGMLF) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totalling 16,624,800 shares, an increase of 18.8% from the May 31st total of 13,999,500 shares. Based on an average daily trading volume, of 22,700 shares, the short-interest ratio is currently 732.4 days.

De Grey Mining Stock Up 5.8 %

DGMLF traded up $0.04 on Tuesday, hitting $0.80. The company had a trading volume of 250 shares, compared to its average volume of 24,578. The company’s fifty day moving average price is $0.76 and its 200 day moving average price is $0.81. De Grey Mining has a 1 year low of $0.65 and a 1 year high of $1.08.

De Grey Mining Company Profile

De Grey Mining Limited engages in the exploration of mineral properties in Australia. It primarily holds a 100% interest in the Mallina Gold project covering an area of approximately 1,500 square kilometers located in the Pilbara region of Western Australia. De Grey Mining Limited was incorporated in 2000 and is based in West Perth, Australia.