Silver Bull Resources, Inc. (OTCMKTS:SVBL) Short Interest Down 19.7% in December

Silver Bull Resources, Inc. (OTCMKTS:SVBL) was the recipient of a significant decline in short interest in the month of December. As of December 15th, there was short interest totaling 30,225 shares, a decline of 19.7% from the November 30th total of 37,651 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 48,719 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily trading volume, of 48,719 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.1% of the shares of the company are short sold.

Silver Bull Resources Stock Performance

SVBL stock opened at $0.24 on Friday. The stock has a fifty day moving average of $0.23 and a 200-day moving average of $0.23. Silver Bull Resources has a fifty-two week low of $0.08 and a fifty-two week high of $0.29. The company has a market capitalization of $11.41 million, a price-to-earnings ratio of -24.03 and a beta of 0.96.

Silver Bull Resources Company Profile

Silver Bull Resources Inc is a mineral exploration and development company focused on silver and associated base metals. The company’s core asset is the Sierra Mojada project, an advanced‐stage silver–lead–zinc deposit located in Coahuila State, Mexico. Sierra Mojada hosts both high‐grade massive sulphide zones and broader, lower‐grade mineralization, making it one of the largest undeveloped silver resources in North America.

At Sierra Mojada, Silver Bull has completed extensive drilling programs and preliminary economic studies under Canadian National Instrument 43-101 standards.