Eskay Mining Corp. (OTCMKTS:ESKYF) Short Interest Down 71.6% in May

Eskay Mining Corp. (OTCMKTS:ESKYFGet Free Report) saw a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 9,332 shares, a decline of 71.6% from the May 14th total of 32,900 shares. Based on an average trading volume of 34,283 shares, the days-to-cover ratio is presently 0.3 days.

Eskay Mining Stock Performance

Shares of OTCMKTS ESKYF traded up C$0.00 during midday trading on Friday, hitting C$0.26. 6,850 shares of the company’s stock were exchanged, compared to its average volume of 82,107. Eskay Mining has a 12 month low of C$0.15 and a 12 month high of C$0.55. The company’s 50 day moving average price is C$0.30 and its 200 day moving average price is C$0.31.

About Eskay Mining

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Eskay Mining Corp., trading under the symbol ESKYF on the OTC Markets, is a junior mineral exploration company focused on advancing high-grade gold and silver projects in British Columbia’s prolific Golden Triangle region. The company’s flagship asset is the Eskay Creek Seel deposit, located adjacent to the historic Eskay Creek mine, which produced more than 3.3 million ounces of gold and 160 million ounces of silver between 1994 and 2008. Eskay Mining holds a 100% interest in this property and is pursuing systematic drilling, resource definition and metallurgical studies to assess the project’s potential for near-surface mineralization and bulk tonnage discovery.

In addition to Eskay Creek Seel, the company controls a portfolio of exploration licences spanning more than 15,000 hectares in the Golden Triangle, an area recognized for world-class mineral endowments, well-established infrastructure and year-round accessibility.

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