Silver Bull Resources, Inc. (OTCMKTS:SVBL – Get Free Report) saw a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 11,096 shares, a decrease of 42.5% from the May 14th total of 19,307 shares. Based on an average daily trading volume, of 197,361 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.
Silver Bull Resources Trading Down 3.5%
Shares of Silver Bull Resources stock opened at $0.10 on Friday. The stock has a 50 day moving average of $0.31 and a 200 day moving average of $0.26. Silver Bull Resources has a 12 month low of $0.05 and a 12 month high of $0.61. The firm has a market cap of $4.58 million, a PE ratio of -0.33 and a beta of 1.78.
About Silver Bull Resources
Silver Bull Resources Inc is a mineral exploration and development company focused on silver and associated base metals. The company’s core asset is the Sierra Mojada project, an advanced‐stage silver–lead–zinc deposit located in Coahuila State, Mexico. Sierra Mojada hosts both high‐grade massive sulphide zones and broader, lower‐grade mineralization, making it one of the largest undeveloped silver resources in North America.
At Sierra Mojada, Silver Bull has completed extensive drilling programs and preliminary economic studies under Canadian National Instrument 43-101 standards.
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