Monument Mining Limited (OTCMKTS:MMTMF – Get Free Report) was the recipient of a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 20,567 shares, a drop of 70.3% from the May 14th total of 69,245 shares. Based on an average daily volume of 95,447 shares, the short-interest ratio is presently 0.2 days.
Monument Mining Stock Performance
Monument Mining stock remained flat at $0.60 during midday trading on Thursday. 179,605 shares of the company traded hands, compared to its average volume of 100,026. Monument Mining has a 52-week low of $0.27 and a 52-week high of $1.15. The stock’s fifty day moving average price is $0.65 and its 200-day moving average price is $0.77.
About Monument Mining
Monument Mining Limited (OTCMKTS: MMTMF) is a gold producer and explorer focused on brownfields mining projects in Southeast Asia and Western Australia. Incorporated in 2007 and headquartered in Vancouver, British Columbia, the company’s primary objective is to advance gold assets through production, resource expansion and exploration programs.
The company’s flagship asset is the Selinsing Gold Project, located near Gopeng in Perak, Malaysia. Selinsing comprises an operating underground and open‐pit mine, supported by a carbon‐in‐leach processing plant.
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