Silver Tiger Metals Inc. (OTCMKTS:SLVTF – Get Rating) was the recipient of a significant decline in short interest in the month of July. As of July 15th, there was short interest totalling 25,700 shares, a decline of 47.9% from the June 30th total of 49,300 shares. Based on an average daily volume of 230,200 shares, the days-to-cover ratio is presently 0.1 days.

Silver Tiger Metals Price Performance

Shares of Silver Tiger Metals stock remained flat at $0.23 on Friday. The company had a trading volume of 57,991 shares, compared to its average volume of 127,598. Silver Tiger Metals has a 12-month low of $0.18 and a 12-month high of $0.64. The company has a fifty day simple moving average of $0.24 and a 200 day simple moving average of $0.39.

Wall Street Analyst Weigh In

Separately, Stifel Nicolaus decreased their target price on Silver Tiger Metals from C$1.55 to C$1.45 in a report on Wednesday, April 27th.

About Silver Tiger Metals

Silver Tiger Metals Inc engages in the exploration and evaluation of mineral properties in Mexico. The company primarily explores for gold and silver, as well as for copper, zinc, and lead deposits. It holds a 100% interest in the El Tigre property that covers an area of 28,414 hectares located in Sonora, Mexico.

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