Red Metal Resources Ltd. (OTCMKTS:RMESF – Get Rating) was the recipient of a significant decline in short interest in August. As of August 15th, there was short interest totalling 100 shares, a decline of 90.9% from the July 31st total of 1,100 shares. Based on an average daily volume of 51,200 shares, the short-interest ratio is presently 0.0 days.
Red Metal Resources Stock Performance
Shares of RMESF stock traded down $0.00 on Thursday, reaching $0.12. 2,450 shares of the stock were exchanged, compared to its average volume of 27,182. The business's 50 day moving average price is $0.09 and its 200 day moving average price is $0.13. Red Metal Resources has a twelve month low of $0.01 and a twelve month high of $0.55.
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Red Metal Resources Ltd. engages in the acquisition, exploration, and development of mineral resource properties in Chile. The company explores for copper, gold, cobalt, and silver deposits. Its flagship asset is the Farellón project that consists of 8 mining concessions covering an area of approximately 1,234 hectares located in the Carrizal Alto mining district, Chile.Recommended Stories
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