Spearmint Resources Inc. (OTCMKTS:SPMTF – Get Free Report) was the target of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 44,631 shares, a growth of 323.7% from the July 30th total of 10,534 shares. Based on an average daily trading volume, of 183,048 shares, the days-to-cover ratio is presently 0.2 days.
Spearmint Resources Price Performance
Shares of Spearmint Resources stock opened at $0.05 on Wednesday. The firm has a 50 day simple moving average of $0.04 and a 200 day simple moving average of $0.05. Spearmint Resources has a fifty-two week low of $0.02 and a fifty-two week high of $0.15.
About Spearmint Resources
Spearmint Resources Ltd. is a Canadian-based junior mineral exploration company focused on the acquisition, exploration and development of gold and silver projects in North America. The company holds several exploration properties, most notably the Currans Pond Gold–Silver project in Newfoundland and the Silverton Silver–Gold project in Nevada. Through systematic geochemical sampling, geological mapping and targeted drilling programs, Spearmint Resources aims to define high-grade mineralized zones and advance its projects toward resource delineation.
At the Currans Pond project, Spearmint Resources has identified multiple showings of orogenic-style gold and polymetallic mineralization along favorable structural trends.
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