Liberty Silver Corp. (OTCMKTS:BHLL) Sees Large Decrease in Short Interest

Liberty Silver Corp. (OTCMKTS:BHLL) was the target of a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 53,972 shares, a drop of 47.1% from the May 14th total of 101,960 shares. Based on an average daily trading volume, of 70,528 shares, the short-interest ratio is presently 0.8 days. Approximately 0.1% of the company’s stock are short sold.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded shares of Liberty Silver to a “hold” rating in a report on Tuesday, April 7th. One analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Buy”.

Liberty Silver Price Performance

BHLL stock opened at $4.25 on Tuesday. The firm has a 50 day moving average price of $4.22 and a 200-day moving average price of $5.14. Liberty Silver has a 52-week low of $2.59 and a 52-week high of $8.75. The firm has a market capitalization of $195.08 million, a price-to-earnings ratio of -3.32 and a beta of 1.17. The company has a debt-to-equity ratio of 4.71, a quick ratio of 1.52 and a current ratio of 1.54.

Liberty Silver (OTCMKTS:BHLL) last released its earnings results on Thursday, May 7th. The company reported $999.00 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.29) by $999.29. Equities research analysts forecast that Liberty Silver will post -0.19 EPS for the current fiscal year.

About Liberty Silver

Liberty Silver Corp. is a mineral exploration company focused on the acquisition, exploration and development of silver and associated base metal properties. The company’s core business activity centers on identifying high-potential silver and cobalt projects in the Americas and advancing those properties through systematic drilling, resource definition and permitting efforts. Liberty Silver seeks to leverage emerging market demand for silver in renewable energy and industrial applications.

The company holds interests in several early to advanced-stage exploration projects.