Evolution Mining Limited (OTCMKTS:CAHPF) Short Interest Update

Evolution Mining Limited (OTCMKTS:CAHPF) was the target of a large drop in short interest during the month of July. As of July 15th, there was short interest totalling 2,308,900 shares, a drop of 28.3% from the June 30th total of 3,222,200 shares. Based on an average trading volume of 8,800 shares, the days-to-cover ratio is presently 262.4 days.

Evolution Mining Price Performance

CAHPF traded up $0.30 on Monday, hitting $2.70. 3,600 shares of the company were exchanged, compared to its average volume of 14,065. The firm has a fifty day simple moving average of $2.48 and a two-hundred day simple moving average of $2.34. Evolution Mining has a 12 month low of $1.86 and a 12 month high of $2.81.

Evolution Mining Company Profile

Evolution Mining Limited engages in the exploration, mine development and operation, and sale of gold and gold-copper concentrates in Australia and Canada. The company also explores for copper and silver deposits. It owns and operates mines, including Cowal in New South Wales; Ernest Henry and Mt Rawdon in Queensland; Mungari in Western Australia; and Red Lake in Ontario, Canada.