Capricorn Metals Ltd (OTCMKTS:CRNLF) Sees Significant Increase in Short Interest

Capricorn Metals Ltd (OTCMKTS:CRNLF) saw a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 309,500 shares, an increase of 49.1% from the September 30th total of 207,600 shares. Based on an average trading volume of 200 shares, the short-interest ratio is currently 1,547.5 days.

Capricorn Metals Price Performance

OTCMKTS CRNLF remained flat at C$4.31 during mid-day trading on Friday. The business’s 50 day moving average price is C$4.10 and its 200-day moving average price is C$3.52. Capricorn Metals has a one year low of C$2.90 and a one year high of C$4.35.

Capricorn Metals Company Profile

Capricorn Metals Ltd engages in the evaluation, exploration, development, and production of gold properties in Australia. It holds a 100% interest in the Karlawinda gold project located in the Pilbara region of Western Australia; and the Mt Gibson Gold Project located in the Murchison region of Western Australia.