Short Interest in Wesdome Gold Mines Ltd. (OTCMKTS:WDOFF) Decreases By 17.3%

Wesdome Gold Mines Ltd. (OTCMKTS:WDOFF) was the target of a significant decrease in short interest in the month of June. As of June 30th, there was short interest totalling 1,493,400 shares, a decrease of 17.3% from the June 15th total of 1,806,600 shares. Based on an average daily volume of 161,000 shares, the days-to-cover ratio is presently 9.3 days.

Wesdome Gold Mines Stock Performance

Shares of WDOFF stock opened at $9.74 on Monday. The firm has a fifty day simple moving average of $8.28 and a 200-day simple moving average of $7.34. Wesdome Gold Mines has a twelve month low of $4.90 and a twelve month high of $10.09.

About Wesdome Gold Mines

Wesdome Gold Mines Ltd. mines, develops, and explores for gold and silver deposits in Canada. It holds interest in the Eagle River Mine in Ontario; and the Kiena Mine in Québec. The company was formerly known as River Gold Mines Ltd. and changed its name to Wesdome Gold Mines Ltd. Wesdome Gold Mines Ltd.