Jupiter Mines Limited (OTCMKTS:JMXXF) Sees Large Growth in Short Interest

Jupiter Mines Limited (OTCMKTS:JMXXF – Get Free Report) was the recipient of a large growth in short interest in October. As of October 15th, there was short interest totaling 7,861 shares, a growth of 314.8% from the September 30th total of 1,895 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Jupiter Mines Price Performance

Shares of Jupiter Mines stock remained flat at $0.20 during trading on Wednesday. Jupiter Mines has a 52-week low of $0.17 and a 52-week high of $0.24. The company’s 50-day moving average is $0.19 and its 200-day moving average is $0.20.

Jupiter Mines Company Profile

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Jupiter Mines Limited is an Australian mining company focused on manganese and iron ore assets. Its principal investment is the Tshipi Borwa manganese mine in South Africa’s Kalahari Manganese Field, one of the world’s major manganese-producing regions.

Through its interest in Tshipi é Ntle Manganese Mining, Jupiter is exposed to the production and export of manganese ore used primarily in steelmaking. The Tshipi Borwa mine produces and exports manganese ore through South Africa, serving international customers in the global steel and commodities markets.

Jupiter also holds exploration and development interests in Australia, including iron ore projects in Western Australia’s Yilgarn region.

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