Opawica Explorations Inc. (OTCMKTS:OPWEF) Sees Large Increase in Short Interest

Opawica Explorations Inc. (OTCMKTS:OPWEF – Get Free Report) saw a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 11,726 shares. Based on an average daily trading volume, of 48,377 shares, the days-to-cover ratio is presently 0.2 days.

Opawica Explorations Price Performance

Shares of OPWEF stock traded down $0.01 during midday trading on Wednesday, reaching $0.09. 15,100 shares of the company traded hands, compared to its average volume of 27,872. The firm’s 50 day simple moving average is $0.09 and its two-hundred day simple moving average is $0.09. Opawica Explorations has a 1-year low of $0.04 and a 1-year high of $0.11.

About Opawica Explorations

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Opawica Explorations Inc is a Canadian mineral exploration company focused on the acquisition, evaluation and advancement of mineral properties prospective for gold and other metals. The company does not operate producing mines; its activities center on geological mapping, sampling, drilling and other exploration work intended to identify and assess mineral resources.

Opawica’s principal exploration interests are in Quebec’s Abitibi region, one of Canada’s best-known mining districts. Its portfolio has included the Bazooka and McWatters properties, which are located in or near the Rouyn-Noranda area and are considered prospective for gold mineralization.

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