Evolution Mining Limited (OTCMKTS:CAHPF) Sees Significant Decrease in Short Interest

Evolution Mining Limited (OTCMKTS:CAHPF) saw a significant decline in short interest in the month of December. As of December 31st, there was short interest totalling 2,603,700 shares, a decline of 27.4% from the December 15th total of 3,585,100 shares. Based on an average daily trading volume, of 5,200 shares, the days-to-cover ratio is currently 500.7 days.

Evolution Mining Stock Performance

Shares of CAHPF stock traded up $0.20 during mid-day trading on Thursday, reaching $3.25. The company’s stock had a trading volume of 8,520 shares, compared to its average volume of 5,804. The company’s 50 day simple moving average is $3.09 and its 200-day simple moving average is $2.92. Evolution Mining has a 12-month low of $1.86 and a 12-month high of $3.54.

Evolution Mining Company Profile

Evolution Mining Limited engages in the exploration, mine development and operation, and sale of gold and gold-copper concentrates in Australia and Canada. The company also explores for copper and silver deposits. It owns and operates mines, including Cowal in New South Wales; Ernest Henry and Mt Rawdon in Queensland; Mungari in Western Australia; and Red Lake in Ontario, Canada.