Monarch Mining Co. (OTCMKTS:GBARF) Short Interest Update

Monarch Mining Co. (OTCMKTS:GBARF) was the target of a large decrease in short interest in the month of August. As of August 31st, there was short interest totalling 25,100 shares, a decrease of 9.1% from the August 15th total of 27,600 shares. Based on an average daily trading volume, of 20,600 shares, the days-to-cover ratio is currently 1.2 days.

Monarch Mining Price Performance

Monarch Mining stock traded up C$0.00 during trading on Tuesday, reaching C$0.02. The company had a trading volume of 21,723 shares, compared to its average volume of 35,515. The firm’s 50-day simple moving average is C$0.02 and its 200 day simple moving average is C$0.03. Monarch Mining has a 1-year low of C$0.01 and a 1-year high of C$0.12.

Monarch Mining Company Profile

Monarch Mining Corporation, a gold mining company, engages in the exploration and development of mining properties in Canada. It owns 295 square kilometers of mining assets, including the Beaufor mine, Croinor property, McKenzie property, Swanson property, and Beacon Mill. The company was incorporated in 2020 and is headquartered in Saint-Sauveur, Canada.