Maple Gold Mines Ltd. (OTCMKTS:MGMLF) Short Interest Update

Maple Gold Mines Ltd. (OTCMKTS:MGMLF) was the target of a large increase in short interest in March. As of March 15th, there was short interest totalling 22,300 shares, an increase of 792.0% from the February 29th total of 2,500 shares. Based on an average daily volume of 357,400 shares, the days-to-cover ratio is presently 0.1 days.

Maple Gold Mines Stock Performance

Shares of OTCMKTS MGMLF remained flat at C$0.05 during midday trading on Thursday. 49,678 shares of the company’s stock were exchanged, compared to its average volume of 98,195. The company’s 50 day moving average price is C$0.04 and its 200-day moving average price is C$0.04. Maple Gold Mines has a 12-month low of C$0.03 and a 12-month high of C$0.15.

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.