Magellan Gold Co. (OTCMKTS:MAGE) Short Interest Update

Magellan Gold Co. (OTCMKTS:MAGE) was the recipient of a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 100 shares, a drop of 96.4% from the February 28th total of 2,800 shares. Based on an average daily trading volume, of 31,000 shares, the days-to-cover ratio is presently 0.0 days.

Magellan Gold Stock Performance

OTCMKTS:MAGE remained flat at $0.22 during trading hours on Thursday. The stock’s 50 day moving average is $0.15 and its 200 day moving average is $0.13. Magellan Gold has a fifty-two week low of $0.06 and a fifty-two week high of $0.33.

Magellan Gold Company Profile

Magellan Gold Corporation, an exploration stage company, engages in the acquisition, exploration, and development of mineral resources in Idaho and California. The company primarily explores for gold deposits. Its principal projects include the Center Star Mine located in located southeast of Grangeville, Idaho; and the Kris Project located in northwest of Reno, Nevada in Plumas County, California.