Short Interest in Meridian Mining UK Societas (OTCMKTS:MRRDF) Increases By 42.4%

Meridian Mining UK Societas (OTCMKTS:MRRDF) saw a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 249,100 shares, a growth of 42.4% from the February 28th total of 174,900 shares. Based on an average daily volume of 71,600 shares, the days-to-cover ratio is currently 3.5 days.

Meridian Mining UK Societas Trading Down 3.4 %

MRRDF traded down C$0.02 during trading hours on Friday, hitting C$0.46. The stock had a trading volume of 63,850 shares, compared to its average volume of 52,478. Meridian Mining UK Societas has a 1 year low of C$0.24 and a 1 year high of C$0.48. The company’s fifty day simple moving average is C$0.35 and its 200 day simple moving average is C$0.32.

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.