Short Interest in Evolution Mining Limited (OTCMKTS:CAHPF) Declines By 56.3%

Evolution Mining Limited (OTCMKTS:CAHPF) was the recipient of a significant decrease in short interest during the month of January. As of January 31st, there was short interest totalling 1,111,500 shares, a decrease of 56.3% from the January 15th total of 2,545,600 shares. Based on an average daily volume of 10,100 shares, the short-interest ratio is currently 110.0 days.

Evolution Mining Price Performance

OTCMKTS CAHPF traded up $0.02 during mid-day trading on Thursday, reaching $3.95. 2,500 shares of the company’s stock traded hands, compared to its average volume of 7,357. Evolution Mining has a 1-year low of $1.86 and a 1-year high of $3.95. The company has a fifty day simple moving average of $3.23 and a 200-day simple moving average of $3.06.

Evolution Mining Company Profile

Evolution Mining Limited engages in the exploration, mine development and operation, and sale of gold and gold-copper concentrates in Australia and Canada. The company also explores for copper and silver deposits. It owns and operates mines, including Cowal in New South Wales; Ernest Henry and Mt Rawdon in Queensland; Mungari in Western Australia; and Red Lake in Ontario, Canada.