Spearmint Resources Inc. (OTCMKTS:SPMTF – Get Free Report) saw a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 10,800 shares, a decline of 75.8% from the August 15th total of 44,631 shares. Based on an average trading volume of 29,298 shares, the days-to-cover ratio is presently 0.4 days.
Spearmint Resources Price Performance
Shares of SPMTF remained flat at $0.05 during trading hours on Friday. The firm has a 50-day moving average price of $0.04 and a 200 day moving average price of $0.05. Spearmint Resources has a twelve month low of $0.03 and a twelve month high of $0.15.
Spearmint Resources Company Profile
Spearmint Resources Ltd. is a Canadian-based junior mineral exploration company focused on the acquisition, exploration and development of gold and silver projects in North America. The company holds several exploration properties, most notably the Currans Pond Gold–Silver project in Newfoundland and the Silverton Silver–Gold project in Nevada. Through systematic geochemical sampling, geological mapping and targeted drilling programs, Spearmint Resources aims to define high-grade mineralized zones and advance its projects toward resource delineation.
At the Currans Pond project, Spearmint Resources has identified multiple showings of orogenic-style gold and polymetallic mineralization along favorable structural trends.
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