Short Interest in Resolute Mining Limited (OTCMKTS:RMGGF) Increases By 21.7%

Resolute Mining Limited (OTCMKTS:RMGGF) saw a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 8,186,600 shares, a growth of 21.7% from the October 31st total of 6,724,400 shares. Based on an average trading volume of 32,400 shares, the short-interest ratio is presently 252.7 days.

Resolute Mining Trading Up 3.9 %

OTCMKTS:RMGGF traded up $0.01 during trading hours on Friday, reaching $0.27. The company had a trading volume of 55,390 shares, compared to its average volume of 9,975. Resolute Mining has a twelve month low of $0.20 and a twelve month high of $0.59. The business’s 50-day simple moving average is $0.44 and its two-hundred day simple moving average is $0.42.

Resolute Mining Company Profile

Resolute Mining Limited engages in mining, prospecting, and exploration for minerals in Africa, the United Kingdom, and Australia. It is involved in mining gold and silver. The company's flagship project is the Syama Gold Mine located in Mali, West Africa. It also owns Mako Gold Mine in Senegal, West Africa.