Meridian Mining UK Societas (OTCMKTS:MRRDF) Short Interest Down 22.2% in December

Meridian Mining UK Societas (OTCMKTS:MRRDF) was the target of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totalling 104,700 shares, a decrease of 22.2% from the November 30th total of 134,500 shares. Based on an average trading volume of 27,400 shares, the days-to-cover ratio is presently 3.8 days.

Meridian Mining UK Societas Stock Performance

Shares of OTCMKTS MRRDF remained flat at C$0.27 during mid-day trading on Monday. Meridian Mining UK Societas has a 12-month low of C$0.20 and a 12-month high of C$0.44. The business has a 50-day moving average of C$0.31 and a two-hundred day moving average of C$0.31.

Meridian Mining UK Societas Company Profile

Meridian Mining UK Societas, together with its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in Brazil. It explores for manganese, gold, copper, and tin deposits. The company holds a 100% interest in the Espigão polymetallic project and the Ariquemes tin project located in Rondônia.