Monument Mining Limited (OTCMKTS:MMTMF) Short Interest Up 388.5% in May

Monument Mining Limited (OTCMKTS:MMTMF) was the recipient of a large growth in short interest in the month of May. As of May 31st, there was short interest totalling 12,700 shares, a growth of 388.5% from the May 15th total of 2,600 shares. Based on an average daily volume of 51,200 shares, the short-interest ratio is currently 0.2 days.

Monument Mining Stock Performance

Shares of OTCMKTS MMTMF opened at $0.35 on Friday. Monument Mining has a 52-week low of $0.09 and a 52-week high of $0.42. The company’s 50 day moving average price is $0.33 and its 200-day moving average price is $0.27.

Monument Mining Company Profile

Monument Mining Limited operates as a gold producer, engages in the acquisition, exploration, and development of gold, precious metals, and other base metal properties in Canada, Australia, and Malaysia. The company holds 100% interest in the Selinsing gold mine, including the Selinsing, Buffalo Reef, Felda Land, and Famehub projects that are located in Pahang State within the Central Gold Belt of Western Malaysia; and the Murchison gold project portfolio comprising the Burnakura, Tuckanarra, and Gabanintha projects, which are located in the Murchison region of Western Australia.