O3 Mining Inc. (OTCMKTS:OIIIF) Short Interest Update

O3 Mining Inc. (OTCMKTS:OIIIF) saw a large increase in short interest in December. As of December 31st, there was short interest totalling 46,900 shares, an increase of 427.0% from the December 15th total of 8,900 shares. Based on an average daily volume of 73,200 shares, the short-interest ratio is currently 0.6 days.

O3 Mining Stock Performance

Shares of O3 Mining stock traded down $0.01 on Monday, hitting $1.14. 9,495 shares of the company’s stock traded hands, compared to its average volume of 31,285. The firm’s 50-day moving average is $0.94 and its 200 day moving average is $0.87. O3 Mining has a 52-week low of $0.68 and a 52-week high of $1.18.

About O3 Mining

O3 Mining Inc engages in the acquisition, exploration, and development of precious metal resource properties in Canada. The company primarily explores for gold deposits. Its flagship property is the Marban Alliance property with 65 mining claims covering 2,189 hectares located in the western portion of the province of Québec, Canada.