Manganese X Energy Corp. (OTCMKTS:MNXXF – Get Rating) saw a significant decrease in short interest in the month of June. As of June 15th, there was short interest totalling 24,100 shares, a decrease of 20.5% from the May 31st total of 30,300 shares. Based on an average daily volume of 74,500 shares, the days-to-cover ratio is currently 0.3 days.
Shares of OTCMKTS:MNXXF traded down $0.02 during trading on Wednesday, reaching $0.19. 110,865 shares of the stock were exchanged, compared to its average volume of 100,529. Manganese X Energy has a 1-year low of $0.17 and a 1-year high of $0.47. The stock has a fifty day moving average of $0.26 and a two-hundred day moving average of $0.26.
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Manganese X Energy Corp. engages in the acquisition and development of mineral properties in Canada. The company's property portfolio include the Battery Hill manganese property consisting of 55 claims totaling 1,228 hectares located in Carlton County, south western New Brunswick; and Peter Lake Copper-Nickel-Cobalt property comprising 44 contiguous mining titles totaling approximately 2,568 hectares located in the Mont-Laurier Terrane, Central Grenville Province, Quebec.Further Reading
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