Spearmint Resources Inc. (OTCMKTS:SPMTF) Short Interest Down 89.6% in April

Spearmint Resources Inc. (OTCMKTS:SPMTF) was the target of a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 1,000 shares, a decrease of 89.6% from the April 15th total of 9,627 shares. Based on an average trading volume of 15,389 shares, the short-interest ratio is presently 0.1 days.

Spearmint Resources Price Performance

SPMTF traded down $0.00 during midday trading on Wednesday, hitting $0.05. 240 shares of the company traded hands, compared to its average volume of 89,601. The company’s 50-day moving average is $0.05 and its 200 day moving average is $0.06. Spearmint Resources has a 52 week low of $0.02 and a 52 week high of $0.15.

About Spearmint Resources

Spearmint Resources Ltd. is a Canadian-based junior mineral exploration company focused on the acquisition, exploration and development of gold and silver projects in North America. The company holds several exploration properties, most notably the Currans Pond Gold–Silver project in Newfoundland and the Silverton Silver–Gold project in Nevada. Through systematic geochemical sampling, geological mapping and targeted drilling programs, Spearmint Resources aims to define high-grade mineralized zones and advance its projects toward resource delineation.

At the Currans Pond project, Spearmint Resources has identified multiple showings of orogenic-style gold and polymetallic mineralization along favorable structural trends.