Probe Gold Inc. (OTCMKTS:PROBF) Sees Large Increase in Short Interest

Probe Gold Inc. (OTCMKTS:PROBF) was the target of a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 75,800 shares, an increase of 16.3% from the October 15th total of 65,200 shares. Based on an average trading volume of 50,800 shares, the short-interest ratio is presently 1.5 days.

Probe Gold Price Performance

PROBF stock traded down $0.01 during midday trading on Friday, reaching $1.03. The stock had a trading volume of 82,140 shares, compared to its average volume of 42,775. Probe Gold has a twelve month low of $0.71 and a twelve month high of $1.43. The business has a fifty day simple moving average of $1.22 and a two-hundred day simple moving average of $1.04.

About Probe Gold

Probe Gold Inc, a precious metal exploration company, engages in the acquisition, exploration, and development of gold properties in Canada. Its flagship asset is its 100%-owned Novador property comprising 436 square kilometers, which includes the Monique, Pascalis, and Courvan trends and their deposits located in the city of Val-d’Or, Quebec.