Monument Mining Limited (OTCMKTS:MMTMF) Sees Large Growth in Short Interest

Monument Mining Limited (OTCMKTS:MMTMF) saw a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 205,203 shares, a growth of 242.0% from the August 15th total of 59,994 shares. Based on an average daily trading volume, of 312,382 shares, the short-interest ratio is presently 0.7 days.

Monument Mining Trading Down 0.3%

Monument Mining stock traded down $0.00 during mid-day trading on Friday, hitting $0.72. The company had a trading volume of 41,300 shares, compared to its average volume of 95,647. Monument Mining has a 12 month low of $0.34 and a 12 month high of $1.15. The stock’s 50 day moving average price is $0.63 and its two-hundred day moving average price is $0.65.

Monument Mining Company Profile

Monument Mining Limited (OTCMKTS: MMTMF) is a gold producer and explorer focused on brownfields mining projects in Southeast Asia and Western Australia. Incorporated in 2007 and headquartered in Vancouver, British Columbia, the company’s primary objective is to advance gold assets through production, resource expansion and exploration programs.

The company’s flagship asset is the Selinsing Gold Project, located near Gopeng in Perak, Malaysia. Selinsing comprises an operating underground and open‐pit mine, supported by a carbon‐in‐leach processing plant.