Medaro Mining Corp. (OTCMKTS:MEDAF) Short Interest Down 66.2% in March

Medaro Mining Corp. (OTCMKTS:MEDAF) was the target of a significant decrease in short interest in the month of March. As of March 31st, there was short interest totaling 24,285 shares, a decrease of 66.2% from the March 15th total of 71,825 shares. Based on an average daily volume of 12,088 shares, the days-to-cover ratio is presently 2.0 days.

Medaro Mining Stock Performance

Shares of MEDAF opened at $0.35 on Friday. The firm’s 50-day simple moving average is $0.39 and its two-hundred day simple moving average is $0.25. Medaro Mining has a fifty-two week low of $0.02 and a fifty-two week high of $0.56.

Medaro Mining Company Profile

Medaro Mining Corp. acquires, explores, and evaluates mineral resource properties in Canada. The company holds an option to acquire 100% interest in the Superb Lake property that consists of 8 mining claims covering an area of approximately 2,187 hectares located in the Thunder Bay mining district of Northwestern Ontario, Canada; and CYR South lithium property that consists of 52 mineral claims covering an area of approximately 2,748 hectares located in James Bay area of Quebec. It also holds an option to acquire 70% interest in the Yurchison Uranium property that consists of 12 mining claims covering an area of 55,934 hectares located in the Wollaston Domain, Northern Saskatchewan; and an option to acquire 100% interest in the Darlin Li-Be Property in Quebec.