Euro Manganese Inc. (OTCMKTS:EUMNF – Get Rating) was the target of a significant increase in short interest in January. As of January 31st, there was short interest totalling 11,200 shares, an increase of 558.8% from the January 15th total of 1,700 shares. Based on an average daily trading volume, of 15,400 shares, the days-to-cover ratio is currently 0.7 days.

Euro Manganese Trading Down 3.9 %

EUMNF stock traded down $0.01 during mid-day trading on Friday, hitting $0.22. 4,000 shares of the stock were exchanged, compared to its average volume of 21,052. The business has a fifty day moving average price of $0.24 and a 200 day moving average price of $0.23. Euro Manganese has a 12 month low of $0.15 and a 12 month high of $0.36.

Analyst Ratings Changes

Separately, BMO Capital Markets initiated coverage on Euro Manganese in a research report on Monday, October 24th. They set a "market perform" rating for the company.

Euro Manganese Company Profile

Euro Manganese Inc engages in the evaluation, exploration, and development of mineral assets. Its principal property is the 100% owned Chvaletice manganese project, which is involved in the re-processing of a manganese deposit hosted in historic mine tailings located to the east of Prague, the Czech Republic.

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