Meridian Mining UK Societas (OTCMKTS:MRRDF) Sees Large Increase in Short Interest

Meridian Mining UK Societas (OTCMKTS:MRRDF) was the target of a large growth in short interest in January. As of January 15th, there was short interest totalling 152,000 shares, a growth of 26.8% from the December 31st total of 119,900 shares. Based on an average daily volume of 131,900 shares, the days-to-cover ratio is currently 1.2 days.

Meridian Mining UK Societas Stock Down 1.6 %

OTCMKTS MRRDF traded down C$0.01 during trading on Monday, reaching C$0.30. 15,000 shares of the company’s stock were exchanged, compared to its average volume of 70,165. The company has a 50 day moving average price of C$0.29 and a two-hundred day moving average price of C$0.30. Meridian Mining UK Societas has a 1 year low of C$0.20 and a 1 year high of C$0.44.

Meridian Mining UK Societas Company Profile

Meridian Mining UK Societas, together with its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in Brazil. It explores for manganese, gold, copper, and tin deposits. The company holds a 100% interest in the Espigão polymetallic project and the Ariquemes tin project located in Rondônia.