Medaro Mining Corp. (OTCMKTS:MEDAF) Sees Large Increase in Short Interest

Medaro Mining Corp. (OTCMKTS:MEDAF – Get Free Report) was the recipient of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 7,250 shares, a growth of 46.6% from the August 31st total of 4,946 shares. Based on an average daily trading volume, of 19,549 shares, the short-interest ratio is currently 0.4 days.

Medaro Mining Price Performance

Shares of Medaro Mining stock remained flat at $0.17 on Thursday. 531 shares of the stock traded hands, compared to its average volume of 14,282. The company has a fifty day simple moving average of $0.17 and a 200-day simple moving average of $0.26. Medaro Mining has a 12 month low of $0.03 and a 12 month high of $0.56.

About Medaro Mining

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Medaro Mining Corp. is a Canadian mineral exploration and development company focused primarily on lithium and uranium opportunities. The company evaluates and advances mineral properties with the potential to support the supply of materials used in energy storage, electrification and other industrial applications.

Medaro Mining has pursued lithium exploration in Quebec’s James Bay region, an area known for its hard-rock lithium potential, as well as uranium exploration projects in Saskatchewan.

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