Montage Gold Corp. (OTCMKTS:MAUTF) Sees Large Decline in Short Interest

Montage Gold Corp. (OTCMKTS:MAUTF) was the target of a large decrease in short interest in the month of January. As of January 15th, there was short interest totalling 25,700 shares, a decrease of 36.1% from the December 31st total of 40,200 shares. Based on an average daily trading volume, of 38,800 shares, the short-interest ratio is presently 0.7 days.

Montage Gold Price Performance

Shares of Montage Gold stock opened at $1.52 on Wednesday. The firm has a fifty day moving average price of $1.53 and a two-hundred day moving average price of $1.46. Montage Gold has a fifty-two week low of $0.48 and a fifty-two week high of $1.88.

Montage Gold Company Profile

Montage Gold Corp., a precious metals exploration and development company, engages in the exploration and development of mineral properties. Its flagship property is the Koné Gold Project covering an area of 2,259 square kilometers located in the Côte d'Ivoire, West Africa. The company was incorporated in 2019 and is headquartered in Vancouver, Canada.