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

Spearmint Resources Inc. (OTCMKTS:SPMTF) was the target of a significant drop in short interest in March. As of March 15th, there was short interest totalling 16,000 shares, a drop of 65.3% from the February 28th total of 46,100 shares. Based on an average daily volume of 93,700 shares, the days-to-cover ratio is currently 0.2 days.

Spearmint Resources Price Performance

Shares of OTCMKTS:SPMTF opened at $0.01 on Thursday. The company’s fifty day moving average price is $0.01 and its 200-day moving average price is $0.01. Spearmint Resources has a one year low of $0.00 and a one year high of $0.02.

Spearmint Resources Company Profile

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.