Diamcor Mining Inc. (OTCMKTS:DMIFF) Sees Significant Growth in Short Interest

Diamcor Mining Inc. (OTCMKTS:DMIFF – Get Rating) was the target of a large increase in short interest in the month of May. As of May 31st, there was short interest totalling 6,300 shares, an increase of 40.0% from the May 15th total of 4,500 shares. Based on an average trading volume of 76,500 shares, the short-interest ratio is presently 0.1 days.

DMIFF traded down $0.01 on Wednesday, hitting $0.16. The company had a trading volume of 71,450 shares, compared to its average volume of 76,100. The firm has a market cap of $18.76 million, a P/E ratio of -5.48 and a beta of 1.16. Diamcor Mining has a 1 year low of $0.15 and a 1 year high of $0.43. The company’s fifty day moving average price is $0.19 and its 200 day moving average price is $0.23.

Diamcor Mining Company Profile (Get Rating)

Diamcor Mining Inc, a junior mining and exploration company, identifies, acquires, explores for, evaluates, operates, and develops diamond based resource properties. It holds interests in the Krone-Endora at Venetia project that consists of Krone 104MS and Endora 66MS farms covering a combined surface area of approximately 5,888 hectares located in South Africa.

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