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Silver Bull Resources, Inc. (OTCMKTS:SVBL) Sees Large Drop in Short Interest

Defense World ·  Jul 19, 2022 04:12

Silver Bull Resources, Inc. (OTCMKTS:SVBL – Get Rating) was the target of a large decline in short interest during the month of June. As of June 30th, there was short interest totalling 15,600 shares, a decline of 34.5% from the June 15th total of 23,800 shares. Based on an average daily volume of 31,300 shares, the short-interest ratio is currently 0.5 days.

Silver Bull Resources Stock Up 2.6 %

SVBL opened at $0.20 on Tuesday. The business has a 50 day moving average price of $0.20 and a two-hundred day moving average price of $0.23. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 0.01. The company has a market cap of $6.91 million, a PE ratio of -2.22 and a beta of 0.81. Silver Bull Resources has a 52 week low of $0.16 and a 52 week high of $1.14.

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Silver Bull Resources Company Profile

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Silver Bull Resources, Inc, an exploration stage company, acquires, explores, and develops mineral properties in Mexico, Kazakhstan, and Canada. It primarily explores for silver and zinc deposits. The company's principal project is the Sierra Mojada property comprising 20 concessions covering an area of 6,496 hectares located in Coahuila, Mexico.

Further Reading

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