Short Interest in Labrador Gold Corp. (OTCMKTS:NKOSF) Drops By 96.5%

Labrador Gold Corp. (OTCMKTS:NKOSF) saw a significant drop in short interest in June. As of June 30th, there was short interest totaling 16 shares, a drop of 96.5% from the June 15th total of 456 shares. Based on an average daily trading volume, of 109,083 shares, the short-interest ratio is presently 0.0 days.

Labrador Gold Stock Down 19.8%

OTCMKTS NKOSF traded down C$0.01 during trading on Friday, hitting C$0.04. The company had a trading volume of 160 shares, compared to its average volume of 74,746. The company’s fifty day moving average is C$0.05 and its 200-day moving average is C$0.06. Labrador Gold has a one year low of C$0.04 and a one year high of C$0.08.

Labrador Gold Company Profile

Labrador Gold Corp. engages in the acquisition and exploration of gold properties in the Americas. It explores for copper and silver deposits. The company owns a 100% interest in the Borden Lake property that comprises 219 claims located in Chapleau, Ontario; and the Scotch property consists of 21 claims located near Sussex, New Brunswick. It also holds 100% interest in the Kingsway property consisting of 264 claims in three licenses covering approximately 77 square kilometers located near Gander, Newfoundland; and the Hopedale property that comprises 998 claims in five licenses covering an area of approximately 249 square kilometers located in Florence Lake greenstone belt.