Silver Bull Resources, Inc. (OTCMKTS:SVBL) Short Interest Up 23.9% in December

Silver Bull Resources, Inc. (OTCMKTS:SVBL – Get Rating) saw a significant increase in short interest during the month of December. As of December 30th, there was short interest totalling 8,300 shares, an increase of 23.9% from the December 15th total of 6,700 shares. Based on an average daily trading volume, of 63,500 shares, the days-to-cover ratio is currently 0.1 days.

Silver Bull Resources Price Performance

Silver Bull Resources stock opened at $0.15 on Friday. Silver Bull Resources has a 12 month low of $0.09 and a 12 month high of $0.28. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.00 and a quick ratio of 2.00. The business has a 50 day simple moving average of $0.14 and a 200-day simple moving average of $0.17. The stock has a market capitalization of $5.09 million, a PE ratio of -2.45 and a beta of 0.70.

Silver Bull Resources Company Profile

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Silver Bull Resources, Inc, an exploration stage company, acquires, explores, and develops mineral properties in Mexico, Kazakhstan, and Canada. It primarily explores for silver and zinc deposits. The company's principal project is the Sierra Mojada property comprising 20 concessions covering an area of 6,496 hectares located in Coahuila, Mexico.