Blackstone Minerals Limited (OTCMKTS:BLSTF) Stock Short Interest Drops 98.7%

Blackstone Minerals Limited (OTCMKTS:BLSTF) was the recipient of a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 3,312 shares, a decline of 98.7% from the September 30th total of 252,062 shares. Based on an average daily trading volume, of 16,651 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are short sold.

Blackstone Minerals Price Performance

Shares of BLSTF remained flat at $0.02 on Monday. The company has a 50 day moving average price of $0.03 and a two-hundred day moving average price of $0.03. Blackstone Minerals has a 12 month low of $0.00 and a 12 month high of $0.05.

Blackstone Minerals Company Profile

Blackstone Minerals Limited is an Australia-based mineral exploration and development company focused on nickel, copper and platinum-group elements. The company is listed on the Australian Securities Exchange and its ordinary shares also trade in the United States under the symbol BLSTF.

Blackstone’s principal asset is the Ta Khoa Nickel-Copper-Platinum Group Elements Project in northern Vietnam. The project includes the former Ban Phuc nickel mine, which has historical production, as well as a broader exploration area containing known sulfide mineralization.