Theta Gold Mines Limited (OTCMKTS:TGMGF) Short Interest Down 94.1% in September

Theta Gold Mines Limited (OTCMKTS:TGMGF) was the recipient of a large drop in short interest in September. As of September 15th, there was short interest totalling 7,300 shares, a drop of 94.1% from the August 31st total of 123,700 shares. Based on an average trading volume of 2,700 shares, the short-interest ratio is currently 2.7 days.

Theta Gold Mines Price Performance

Shares of OTCMKTS:TGMGF remained flat at $0.12 during midday trading on Friday. The business has a 50-day simple moving average of $0.10 and a two-hundred day simple moving average of $0.09. Theta Gold Mines has a 12-month low of $0.02 and a 12-month high of $0.28.

Theta Gold Mines Company Profile

Theta Gold Mines Limited operates as a gold exploration and development company in South Africa. Its principal property is the Theta project located near the town of Pilgrim’s Rest in Mpumalanga Province. The company was formerly known as Stonewall Resources Limited and changed its name to Theta Gold Mines Limited in December 2018.