Gold Road Resources Limited (OTCMKTS:ELKMF) Short Interest Down 70.5% in July

Gold Road Resources Limited (OTCMKTS:ELKMF) was the recipient of a large decrease in short interest during the month of July. As of July 15th, there was short interest totalling 459,500 shares, a decrease of 70.5% from the June 30th total of 1,558,200 shares. Based on an average trading volume of 11,600 shares, the days-to-cover ratio is presently 39.6 days.

Gold Road Resources Price Performance

ELKMF remained flat at $1.17 during trading hours on Thursday. Gold Road Resources has a 52 week low of $0.95 and a 52 week high of $1.21. The company has a 50 day moving average price of $1.11 and a two-hundred day moving average price of $1.07.

About Gold Road Resources

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.