Spearmint Resources Inc. (OTCMKTS:SPMTF) Short Interest Up 10,061.0% in May

Spearmint Resources Inc. (OTCMKTS:SPMTF) was the target of a large growth in short interest in May. As of May 15th, there was short interest totaling 101,610 shares, a growth of 10,061.0% from the April 30th total of 1,000 shares. Based on an average trading volume of 109,322 shares, the short-interest ratio is presently 0.9 days.

Spearmint Resources Stock Performance

Shares of Spearmint Resources stock opened at $0.06 on Friday. The company’s fifty day simple moving average is $0.05 and its 200-day simple moving average is $0.06. Spearmint Resources has a 1 year low of $0.02 and a 1 year high of $0.15.

Spearmint Resources Company Profile

Spearmint Resources Ltd. is a Canadian-based junior mineral exploration company focused on the acquisition, exploration and development of gold and silver projects in North America. The company holds several exploration properties, most notably the Currans Pond Gold–Silver project in Newfoundland and the Silverton Silver–Gold project in Nevada. Through systematic geochemical sampling, geological mapping and targeted drilling programs, Spearmint Resources aims to define high-grade mineralized zones and advance its projects toward resource delineation.

At the Currans Pond project, Spearmint Resources has identified multiple showings of orogenic-style gold and polymetallic mineralization along favorable structural trends.