Short Interest in Labrador Gold Corp. (OTCMKTS:NKOSF) Decreases By 96.5%

Labrador Gold Corp. (OTCMKTS:NKOSF) was the target of a large decrease in short interest in June. As of June 30th, there was short interest totaling 16 shares, a decrease of 96.5% from the June 15th total of 456 shares. Based on an average daily volume of 109,083 shares, the days-to-cover ratio is presently 0.0 days.

Labrador Gold Stock Down 19.8%

Shares of NKOSF traded down C$0.01 during mid-day trading on Friday, reaching C$0.04. 160 shares of the stock traded hands, compared to its average volume of 74,746. Labrador Gold has a 1 year low of C$0.04 and a 1 year high of C$0.08. The firm has a fifty day moving average price of C$0.05 and a 200 day moving average price of C$0.06.

Labrador Gold Company Profile

Labrador Gold Corp. engages in the acquisition and exploration of gold properties in the Americas. It explores for copper and silver deposits. The company owns a 100% interest in the Borden Lake property that comprises 219 claims located in Chapleau, Ontario; and the Scotch property consists of 21 claims located near Sussex, New Brunswick. It also holds 100% interest in the Kingsway property consisting of 264 claims in three licenses covering approximately 77 square kilometers located near Gander, Newfoundland; and the Hopedale property that comprises 998 claims in five licenses covering an area of approximately 249 square kilometers located in Florence Lake greenstone belt.