Maple Gold Mines Ltd. (OTCMKTS:MGMLF) Short Interest Update

Maple Gold Mines Ltd. (OTCMKTS:MGMLF) was the recipient of a large increase in short interest in the month of August. As of August 15th, there was short interest totaling 146,700 shares, anincreaseof31.2% from the July 31st total of 111,800 shares. Based on an average daily volume of 349,300 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily volume of 349,300 shares, the days-to-cover ratio is presently 0.4 days.

Maple Gold Mines Price Performance

OTCMKTS:MGMLF traded up C$0.01 during mid-day trading on Tuesday, hitting C$0.09. 424,071 shares of the company’s stock traded hands, compared to its average volume of 224,728. The firm has a 50 day moving average of C$0.07 and a two-hundred day moving average of C$0.06. Maple Gold Mines has a 12 month low of C$0.03 and a 12 month high of C$0.11.

Maple Gold Mines Company Profile

Maple Gold Mines Ltd. operates as a gold exploration company in Canada. It holds interest in the Douay gold project covering an area of approximately 357 square kilometers located in the Casa Berardi deformation zone in the Abitibi Greenstone Belt of northern Quebec; and the Joutel project covering an area of approximately 39 square kilometers located in Quebec, Canada.