Searchlight Minerals Corp. (OTCMKTS:SRCH) Short Interest Update

Searchlight Minerals Corp. (OTCMKTS:SRCH – Get Rating) was the recipient of a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 27,600 shares, a growth of 36.0% from the March 15th total of 20,300 shares. Based on an average daily trading volume, of 159,400 shares, the days-to-cover ratio is presently 0.2 days.

OTCMKTS SRCH opened at $0.03 on Monday. The stock’s 50-day moving average price is $0.02 and its 200-day moving average price is $0.01. Searchlight Minerals has a 52 week low of $0.01 and a 52 week high of $0.05.

About Searchlight Minerals (Get Rating)

Searchlight Minerals Corp., an exploration stage company, engages in a slag reprocessing project; and the acquisition and exploration of mineral properties in the United States. It holds interests in the Clarkdale slag project, located in Clarkdale, Arizona, which is a reclamation project to recover precious and base metals from the reprocessing of slag produced from the smelting of copper ore mined at the United Verde Copper Mine in Jerome, Arizona.

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