Prime Mining Corp. (OTCMKTS:PRMNF) Short Interest Up 303.9% in November

Prime Mining Corp. (OTCMKTS:PRMNF) saw a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 3,609,400 shares, an increase of 303.9% from the October 31st total of 893,600 shares. Based on an average daily volume of 76,200 shares, the days-to-cover ratio is presently 47.4 days.

Prime Mining Stock Performance

PRMNF stock traded up $0.06 during midday trading on Wednesday, hitting $1.08. The company’s stock had a trading volume of 30,878 shares, compared to its average volume of 22,815. Prime Mining has a 12 month low of $0.67 and a 12 month high of $1.89. The firm’s 50-day moving average is $1.25 and its 200-day moving average is $1.33.

Prime Mining Company Profile

Prime Mining Corp. engages in the acquisition, exploration, and development of mineral resource properties in Mexico. The company explores for gold and silver deposits. It primarily holds a 100% interest in the Los Reyes project that consists of 37 contiguous concessions covering an area of 6,273 hectares located in Sinaloa, Mexico.