O3 Mining Inc. (OTCMKTS:OIIIF) Sees Significant Decline in Short Interest

O3 Mining Inc. (OTCMKTS:OIIIF) saw a significant drop in short interest in March. As of March 15th, there was short interest totalling 27,700 shares, a drop of 33.4% from the February 28th total of 41,600 shares. Based on an average daily volume of 3,300 shares, the days-to-cover ratio is currently 8.4 days.

O3 Mining Price Performance

Shares of O3 Mining stock remained flat at $1.14 during trading on Monday. 43,400 shares of the stock were exchanged, compared to its average volume of 36,168. O3 Mining has a fifty-two week low of $0.68 and a fifty-two week high of $1.18. The stock has a fifty day moving average price of $1.15 and a 200-day moving average price of $0.98.

O3 Mining Company Profile

O3 Mining Inc engages in the acquisition, exploration, and development of precious metal resource properties in Canada. The company primarily explores for gold deposits. Its flagship property is the Marban Alliance property with 65 mining claims covering 2,189 hectares located in the western portion of the province of Québec, Canada.