Gold Road Resources Limited (OTCMKTS:ELKMF) Short Interest Update

Gold Road Resources Limited (OTCMKTS:ELKMF) saw a significant decline in short interest in June. As of June 15th, there was short interest totalling 1,293,500 shares, a decline of 32.5% from the May 31st total of 1,916,700 shares. Based on an average trading volume of 7,400 shares, the short-interest ratio is currently 174.8 days.

Gold Road Resources Stock Performance

OTCMKTS:ELKMF remained flat at $1.14 during mid-day trading on Friday. The firm has a 50 day moving average price of $1.08 and a 200-day moving average price of $1.08. Gold Road Resources has a 12 month low of $0.95 and a 12 month high of $1.21.

Gold Road Resources Company Profile

Gold Road Resources Limited, together with its subsidiaries, engages in the exploration of gold properties in Western Australia. It owns 50% interest in the Gruyere gold mine located in north-east of Perth. The company was formerly known as Eleckra Mines Limited and changed its name to Gold Road Resources Limited in November 2010.