Minco Capital Corp. (OTCMKTS:MGHCF) Short Interest Down 83.6% in August

Minco Capital Corp. (OTCMKTS:MGHCF – Get Free Report) saw a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 950 shares, a drop of 83.6% from the July 30th total of 5,803 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 25,555 shares, the days-to-cover ratio is presently 0.0 days.

Minco Capital Stock Performance

Minco Capital stock remained flat at $0.11 during midday trading on Friday. 4,600 shares of the company’s stock traded hands, compared to its average volume of 17,161. The company has a debt-to-equity ratio of 0.01, a quick ratio of 61.96 and a current ratio of 61.96. Minco Capital has a 52 week low of $0.04 and a 52 week high of $0.14. The business has a 50-day moving average price of $0.10 and a 200 day moving average price of $0.09. The stock has a market cap of $4.67 million, a PE ratio of 1.54 and a beta of -0.15.

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About Minco Capital

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Minco Capital Corp., an investment company, focuses on investing in public and private companies and assets to generate income and achieve long-term capital appreciation. The company was formerly known as Minco Gold Corporation and changed its name to Minco Capital Corp. in February 2019. Minco Capital Corp. was incorporated in 1982 and is headquartered in Vancouver, Canada.

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