Red Metal Resources Ltd. (OTCMKTS:RMESF – Get Rating) was the recipient of a large decrease in short interest in September. As of September 15th, there was short interest totalling 2,100 shares, a decrease of 16.0% from the August 31st total of 2,500 shares. Based on an average daily trading volume, of 32,600 shares, the short-interest ratio is presently 0.1 days.
Red Metal Resources Trading Down 42.9 %
Shares of RMESF opened at $0.06 on Thursday. Red Metal Resources has a 52-week low of $0.01 and a 52-week high of $0.55. The firm has a 50-day moving average price of $0.10 and a 200 day moving average price of $0.12.
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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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