Liberty Silver Corp. (OTCMKTS:BHLL) Sees Significant Increase in Short Interest
by Danessa Lincoln · The Markets DailyLiberty Silver Corp. (OTCMKTS:BHLL – Get Free Report) was the target of a significant growth in short interest in February. As of February 13th, there was short interest totaling 2,060,458 shares, a growth of 333.9% from the January 29th total of 474,857 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 4,405,682 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily trading volume, of 4,405,682 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.1% of the shares of the stock are sold short.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently weighed in on BHLL shares. Zacks Research upgraded shares of Liberty Silver to a “hold” rating in a research note on Friday, January 9th. Roth Mkm upgraded shares of Liberty Silver to a “strong-buy” rating in a research report on Thursday, January 8th. One analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Buy”.
Liberty Silver Stock Performance
Liberty Silver stock opened at $0.17 on Thursday. The business has a 50 day moving average of $0.17 and a 200-day moving average of $0.15. The company has a market capitalization of $238.15 million, a P/E ratio of -4.25 and a beta of 1.10. Liberty Silver has a 1 year low of $0.07 and a 1 year high of $0.25. The company has a debt-to-equity ratio of 4.71, a current ratio of 2.95 and a quick ratio of 2.92.
Liberty Silver Company Profile
Liberty Silver Corp. is a mineral exploration company focused on the acquisition, exploration and development of silver and associated base metal properties. The company’s core business activity centers on identifying high-potential silver and cobalt projects in the Americas and advancing those properties through systematic drilling, resource definition and permitting efforts. Liberty Silver seeks to leverage emerging market demand for silver in renewable energy and industrial applications.
The company holds interests in several early to advanced-stage exploration projects.