Stellar AfricaGold Inc. (OTCMKTS:STLXF) Sees Large Drop in Short Interest

Stellar AfricaGold Inc. (OTCMKTS:STLXF) was the recipient of a significant drop in short interest in October. As of October 15th, there was short interest totalling 2,600 shares, a drop of 27.8% from the September 30th total of 3,600 shares. Based on an average daily volume of 2,300 shares, the days-to-cover ratio is presently 1.1 days.

Stellar AfricaGold Stock Performance

Shares of OTCMKTS:STLXF remained flat at $0.08 during trading on Friday. Stellar AfricaGold has a one year low of $0.01 and a one year high of $0.17. The firm has a fifty day simple moving average of $0.05 and a 200 day simple moving average of $0.06.

Stellar AfricaGold Company Profile

Stellar AfricaGold Inc, together with its subsidiaries, engages in the exploration and evaluation of mineral properties in Canada, Republic of Mali, and the Kingdom of Morocco. The company primarily explores for gold deposits. Stellar AfricaGold Inc was incorporated in 2006 and is headquartered in Vancouver, Canada.