Filo Mining Corp. (OTCMKTS:FLMMF – Get Rating) was the recipient of a large decrease in short interest during the month of August. As of August 15th, there was short interest totalling 1,800,200 shares, a decrease of 6.9% from the July 31st total of 1,932,800 shares. Based on an average daily volume of 40,300 shares, the days-to-cover ratio is currently 44.7 days.
Filo Mining Trading Down 3.3 %
Filo Mining stock opened at $12.21 on Friday. The stock has a 50-day moving average of $13.28 and a two-hundred day moving average of $14.84. Filo Mining has a one year low of $6.07 and a one year high of $21.10.
Get Filo Mining alerts:Analysts Set New Price Targets
A number of equities research analysts recently weighed in on FLMMF shares. Canaccord Genuity Group decreased their price objective on Filo Mining from C$26.00 to C$25.00 and set a "buy" rating for the company in a research note on Thursday, July 14th. National Bank Financial increased their price target on Filo Mining from C$25.00 to C$35.00 in a research note on Monday, June 13th.
Filo Mining Company Profile
(Get Rating)Filo Mining Corp., together with its subsidiaries, engages in the identification, acquisition, exploration, evaluation, and development of mineral properties in Chile and Argentina. Its flagship property is the 100% owned Filo del Sol copper-gold-silver deposit located in the Atacama region of Northern Chile and adjacent San Juan province of Argentina.
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