Monument Mining Limited (OTCMKTS:MMTMF) Short Interest Up 242.0% in August

Monument Mining Limited (OTCMKTS:MMTMFGet Free Report) was the recipient of a large increase in short interest in August. As of August 31st, there was short interest totaling 205,203 shares, an increase of 242.0% from the August 15th total of 59,994 shares. Based on an average daily volume of 312,382 shares, the short-interest ratio is currently 0.7 days.

Monument Mining Stock Performance

Shares of MMTMF traded down $0.00 during midday trading on Friday, hitting $0.72. The stock had a trading volume of 41,300 shares, compared to its average volume of 95,647. The company has a 50 day simple moving average of $0.63 and a two-hundred day simple moving average of $0.65. Monument Mining has a twelve month low of $0.34 and a twelve month high of $1.15.

About Monument Mining

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Monument Mining Limited (OTCMKTS: MMTMF) is a gold producer and explorer focused on brownfields mining projects in Southeast Asia and Western Australia. Incorporated in 2007 and headquartered in Vancouver, British Columbia, the company’s primary objective is to advance gold assets through production, resource expansion and exploration programs.

The company’s flagship asset is the Selinsing Gold Project, located near Gopeng in Perak, Malaysia. Selinsing comprises an operating underground and open‐pit mine, supported by a carbon‐in‐leach processing plant.

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