Silver Tiger Metals Inc. (OTCMKTS:SLVTF – Get Rating) was the target of a large decline in short interest during the month of April. As of April 15th, there was short interest totalling 24,500 shares, a decline of 44.8% from the March 31st total of 44,400 shares. Based on an average daily volume of 257,300 shares, the short-interest ratio is presently 0.1 days.
Shares of SLVTF stock traded up $0.01 on Friday, hitting $0.38. The company’s stock had a trading volume of 94,850 shares, compared to its average volume of 147,145. Silver Tiger Metals has a fifty-two week low of $0.33 and a fifty-two week high of $0.67. The firm’s fifty day moving average price is $0.49 and its 200-day moving average price is $0.50.
Separately, Stifel Nicolaus reduced their price objective on shares of Silver Tiger Metals from C$1.55 to C$1.45 in a research note on Wednesday.
Silver Tiger Metals Inc engages in the exploration and evaluation of mineral properties in Mexico. The company primarily explores for gold and silver, as well as for copper, zinc, and lead deposits. It holds a 100% interest in the El Tigre property that covers an area of 28,414 hectares located in Sonora, Mexico.
- Get a free copy of the StockNews.com research report on Silver Tiger Metals (SLVTF)
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