Short Interest in Maple Gold Mines Ltd. (OTCMKTS:MGMLF) Expands By 1,661.9%

Maple Gold Mines Ltd. (OTCMKTS:MGMLF) saw a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 199,100 shares, an increase of 1,661.9% from the December 15th total of 11,300 shares. Based on an average trading volume of 388,700 shares, the days-to-cover ratio is presently 0.5 days.

Maple Gold Mines Trading Up 4.7 %

Shares of MGMLF stock traded up C$0.00 during trading hours on Wednesday, hitting C$0.04. 27,499 shares of the company were exchanged, compared to its average volume of 114,911. The firm has a fifty day moving average of C$0.04 and a 200 day moving average of C$0.05. Maple Gold Mines has a 1 year low of C$0.03 and a 1 year high of C$0.07.

About Maple Gold Mines

Maple Gold Mines Ltd. operates as a gold exploration company in Canada. It holds interest in the Douay gold project covering an area of approximately 357 square kilometers located in the Casa Berardi deformation zone in the Abitibi Greenstone Belt of northern Quebec; and the Joutel project covering an area of approximately 39 square kilometers located in Quebec, Canada.