Eskay Mining Corp. (OTCMKTS:ESKYF) Sees Significant Decrease in Short Interest

Eskay Mining Corp. (OTCMKTS:ESKYF) was the target of a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 1,495 shares, a decline of 71.2% from the June 30th total of 5,195 shares. Based on an average daily volume of 19,096 shares, the short-interest ratio is currently 0.1 days.

Eskay Mining Price Performance

OTCMKTS ESKYF opened at C$0.24 on Monday. Eskay Mining has a 1-year low of C$0.15 and a 1-year high of C$0.55. The business’s fifty day moving average price is C$0.27 and its 200-day moving average price is C$0.32.

Eskay Mining Company Profile

Eskay Mining Corp., trading under the symbol ESKYF on the OTC Markets, is a junior mineral exploration company focused on advancing high-grade gold and silver projects in British Columbia’s prolific Golden Triangle region. The company’s flagship asset is the Eskay Creek Seel deposit, located adjacent to the historic Eskay Creek mine, which produced more than 3.3 million ounces of gold and 160 million ounces of silver between 1994 and 2008. Eskay Mining holds a 100% interest in this property and is pursuing systematic drilling, resource definition and metallurgical studies to assess the project’s potential for near-surface mineralization and bulk tonnage discovery.

In addition to Eskay Creek Seel, the company controls a portfolio of exploration licences spanning more than 15,000 hectares in the Golden Triangle, an area recognized for world-class mineral endowments, well-established infrastructure and year-round accessibility.