Spearmint Resources Inc. (OTCMKTS:SPMTF) Sees Large Growth in Short Interest

Spearmint Resources Inc. (OTCMKTS:SPMTFGet Free Report) was the recipient of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 33,200 shares, an increase of 207.4% from the January 31st total of 10,800 shares. Based on an average trading volume of 213,100 shares, the days-to-cover ratio is presently 0.2 days.

Spearmint Resources Stock Performance

Shares of OTCMKTS SPMTF traded up $0.00 during trading on Friday, reaching $0.01. 54,167 shares of the company traded hands, compared to its average volume of 179,170. The firm has a 50 day simple moving average of $0.01 and a 200-day simple moving average of $0.01. Spearmint Resources has a 52-week low of $0.00 and a 52-week high of $0.02.

About Spearmint Resources

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Spearmint Resources Inc, an exploration stage company, engages in in the identification, acquisition, and exploration of mineral properties in Canada and the United States. The company explores for gold, platinum, lithium, palladium, copper, nickel, cesium, vanadium, and other mineral properties. It holds 100% interests in the McGee Lithium Clay Deposit, Elon Lithium Brine Project that covers an area of approximately 3,164 acres, and Green Clay Lithium Project that covers an area of approximately 2,004 acres located in Clayton Valley, Nevada.

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