Manganese X Energy Corp. (OTCMKTS:MNXXF – Get Rating) was the target of a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 4,500 shares, an increase of 125.0% from the November 15th total of 2,000 shares. Based on an average daily trading volume, of 80,400 shares, the days-to-cover ratio is currently 0.1 days.
Manganese X Energy Stock Performance
Shares of MNXXF stock traded down $0.01 on Thursday, hitting $0.14. The company had a trading volume of 9,550 shares, compared to its average volume of 73,785. Manganese X Energy has a twelve month low of $0.13 and a twelve month high of $0.47. The company has a 50-day moving average price of $0.15 and a 200-day moving average price of $0.18.
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Manganese X Energy Corp. engages in the acquisition and development of mineral properties in Canada. The company primarily explores for copper, nickel, and cobalt deposits. Its principal project is the Battery Hill manganese property that comprise 55 claims covering an area of approximately 1,228 hectares located in Carlton County, south western New Brunswick.Further Reading
- Get a free copy of the StockNews.com research report on Manganese X Energy (MNXXF)
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