Benchmark Metals Inc. (OTCMKTS:BNCHF – Get Rating) was the target of a large drop in short interest during the month of June. As of June 30th, there was short interest totalling 14,000 shares, a drop of 60.3% from the June 15th total of 35,300 shares. Based on an average trading volume of 50,800 shares, the days-to-cover ratio is presently 0.3 days.
Benchmark Metals Stock Performance
Shares of OTCMKTS BNCHF opened at $0.43 on Friday. Benchmark Metals has a 52-week low of $0.40 and a 52-week high of $0.97. The firm has a 50 day moving average price of $0.55 and a 200 day moving average price of $0.73.
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Benchmark Metals Inc, a junior resource company, engages in the identification, evaluation, acquisition, and exploration of mineral properties in Canada. The company explores for gold and silver deposits. It holds a 100% interest in the Lawyers Property project that consists of 46 contiguous mineral claims covering approximately 14,392 hectares located in British Columbia.Featured Stories
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