Spearmint Resources Inc. (OTCMKTS:SPMTF – Get Free Report) was the target of a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 1,000 shares, a decline of 83.3% from the September 30th total of 6,000 shares. Based on an average daily volume of 24,137 shares, the short-interest ratio is currently 0.0 days.
Spearmint Resources Price Performance
Shares of Spearmint Resources stock opened at $0.04 on Thursday. Spearmint Resources has a 52 week low of $0.03 and a 52 week high of $0.15. The business has a 50 day moving average price of $0.04 and a 200-day moving average price of $0.05.
About Spearmint Resources
Spearmint Resources Inc is a Canadian mineral exploration company focused primarily on the acquisition, evaluation and development of mineral properties in North America. The company’s exploration activities have centered on lithium, along with selected precious- and base-metal opportunities.
Spearmint’s portfolio has included lithium clay projects in Nevada’s Clayton Valley, a region recognized for its lithium exploration and production activity. The company has also pursued additional mineral properties and exploration targets in jurisdictions including Nevada and Canada, with work programs generally involving geological evaluation, sampling, drilling and resource assessment.
As an exploration-stage company, Spearmint Resources does not operate producing mines and remains dependent on exploration results, permitting and future development decisions.
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