Osino Resources Corp. (OTCMKTS:OSIIF – Get Rating) saw a significant increase in short interest in October. As of October 31st, there was short interest totalling 30,500 shares, an increase of 68.5% from the October 15th total of 18,100 shares. Based on an average daily volume of 36,900 shares, the days-to-cover ratio is presently 0.8 days.

Osino Resources Price Performance

OSIIF stock traded up $0.02 during trading on Friday, reaching $0.67. 26,008 shares of the company traded hands, compared to its average volume of 43,370. Osino Resources has a 12 month low of $0.38 and a 12 month high of $1.10. The business has a 50 day simple moving average of $0.48 and a 200 day simple moving average of $0.64.

Wall Street Analysts Forecast Growth

Separately, Stifel Nicolaus raised their price objective on Osino Resources from C$2.20 to C$2.30 in a research report on Monday, September 12th.

Osino Resources Company Profile

Osino Resources Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of gold mining properties in Namibia. Its flagship project is the Twin Hills project located in Central Namibia. As of December 31, 2021, it had 14 exploration licenses covering 153,658 hectares located in Namibia.

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