Silver Bull Resources, Inc. (OTCMKTS:SVBL) Short Interest Update

Silver Bull Resources, Inc. (OTCMKTS:SVBL) saw a large growth in short interest in June. As of June 15th, there was short interest totaling 65,422 shares, a growth of 489.6% from the May 31st total of 11,096 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 448,238 shares, the short-interest ratio is currently 0.1 days.

Silver Bull Resources Trading Up 4.4%

OTCMKTS:SVBL opened at $0.10 on Friday. Silver Bull Resources has a 12 month low of $0.05 and a 12 month high of $0.61. The company has a market capitalization of $4.51 million, a P/E ratio of -0.33 and a beta of 1.78. The firm has a fifty day simple moving average of $0.29 and a 200-day simple moving average of $0.25.

Silver Bull Resources Company Profile

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.