Pure Gold Mining Inc. (OTCMKTS:LRTNF – Get Rating) saw a significant drop in short interest in August. As of August 31st, there was short interest totalling 1,358,200 shares, a drop of 13.7% from the August 15th total of 1,574,200 shares. Based on an average trading volume of 472,600 shares, the short-interest ratio is currently 2.9 days.
Pure Gold Mining Trading Up 3.3 %
LRTNF stock opened at $0.09 on Monday. Pure Gold Mining has a 52 week low of $0.07 and a 52 week high of $0.91. The company has a fifty day simple moving average of $0.09 and a two-hundred day simple moving average of $0.19.
Analyst Upgrades and Downgrades
Separately, Stifel Nicolaus lowered their price objective on shares of Pure Gold Mining from C$0.40 to C$0.25 in a research report on Thursday, August 18th.
About Pure Gold Mining
Pure Gold Mining Inc engages in the acquisition, exploration, and development of gold, and other precious and base metal properties in Canada. Its principal property is the PureGold Mine project comprises 251 mining leases, mining patents, and unpatented mining claims covering an area of approximately 4,648 hectares located near Red Lake, Ontario.
- Get a free copy of the StockNews.com research report on Pure Gold Mining (LRTNF)
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