Lion Copper and Gold Corp. (OTCMKTS:LCGMF) Sees Large Growth in Short Interest

Lion Copper and Gold Corp. (OTCMKTS:LCGMF – Get Free Report) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 6,947 shares, an increase of 158.3% from the September 30th total of 2,689 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 15,871 shares, the short-interest ratio is currently 0.4 days.

Lion Copper and Gold Stock Performance

Shares of OTCMKTS:LCGMF remained flat at $5.94 during trading on Thursday. Lion Copper and Gold has a twelve month low of $2.04 and a twelve month high of $8.93. The business’s fifty day simple moving average is $5.11 and its two-hundred day simple moving average is $5.63.

Lion Copper and Gold Company Profile

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Quaterra Resources Inc is a mineral exploration company focused primarily on the acquisition, evaluation, and development of copper and other base- and precious-metal properties. The company has historically pursued exploration opportunities in the United States and Mexico, with an emphasis on projects that could support future copper production.

Its portfolio has included the MacArthur copper project in Nevada’s Yerington mining district, an area with a long history of copper exploration and production.

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