Prime Mining Corp. (OTCMKTS:PRMNF) Short Interest Down 18.4% in December

Prime Mining Corp. (OTCMKTS:PRMNFGet Free Report) was the target of a large drop in short interest in December. As of December 31st, there was short interest totalling 596,700 shares, a drop of 18.4% from the December 15th total of 731,500 shares. Based on an average daily volume of 33,800 shares, the days-to-cover ratio is presently 17.7 days.

Prime Mining Trading Up 3.8 %

Shares of PRMNF opened at $1.07 on Friday. Prime Mining has a 52-week low of $0.83 and a 52-week high of $1.89. The company has a 50-day simple moving average of $1.04 and a 200-day simple moving average of $1.21.

About Prime Mining

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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.

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