Medaro Mining Corp. (OTCMKTS:MEDAF) Sees Large Growth in Short Interest

Medaro Mining Corp. (OTCMKTS:MEDAF) was the target of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 5,851 shares, an increase of ∞ from the July 15th total of 0 shares. Based on an average daily volume of 20,793 shares, the days-to-cover ratio is currently 0.3 days.

Medaro Mining Price Performance

MEDAF stock traded down $0.00 during midday trading on Friday, reaching $0.17. The company had a trading volume of 2,472 shares, compared to its average volume of 15,415. The firm has a 50-day moving average price of $0.18 and a 200-day moving average price of $0.30. Medaro Mining has a 1 year low of $0.03 and a 1 year high of $0.56.

Medaro Mining Company Profile

Medaro Mining Corp. acquires, explores, and evaluates mineral resource properties in Canada. The company holds an option to acquire 100% interest in the Superb Lake property that consists of 8 mining claims covering an area of approximately 2,187 hectares located in the Thunder Bay mining district of Northwestern Ontario, Canada; and CYR South lithium property that consists of 52 mineral claims covering an area of approximately 2,748 hectares located in James Bay area of Quebec. It also holds an option to acquire 70% interest in the Yurchison Uranium property that consists of 12 mining claims covering an area of 55,934 hectares located in the Wollaston Domain, Northern Saskatchewan; and an option to acquire 100% interest in the Darlin Li-Be Property in Quebec.