Eskay Mining Corp. (OTCMKTS:ESKYF) Short Interest Up 8,603.5% in August
by Tristan Rich · The Markets DailyEskay Mining Corp. (OTCMKTS:ESKYF – Get Free Report) was the target of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 20,018 shares, a growth of 8,603.5% from the August 15th total of 230 shares. Based on an average daily trading volume, of 59,148 shares, the short-interest ratio is presently 0.3 days.
Eskay Mining Price Performance
OTCMKTS ESKYF opened at C$0.21 on Friday. The stock’s fifty day moving average price is C$0.24 and its 200 day moving average price is C$0.28. Eskay Mining has a 1 year low of C$0.15 and a 1 year high of C$0.55.
About Eskay Mining
Eskay Mining Corp., trading under the symbol ESKYF on the OTC Markets, is a junior mineral exploration company focused on advancing high-grade gold and silver projects in British Columbia’s prolific Golden Triangle region. The company’s flagship asset is the Eskay Creek Seel deposit, located adjacent to the historic Eskay Creek mine, which produced more than 3.3 million ounces of gold and 160 million ounces of silver between 1994 and 2008. Eskay Mining holds a 100% interest in this property and is pursuing systematic drilling, resource definition and metallurgical studies to assess the project’s potential for near-surface mineralization and bulk tonnage discovery.
In addition to Eskay Creek Seel, the company controls a portfolio of exploration licences spanning more than 15,000 hectares in the Golden Triangle, an area recognized for world-class mineral endowments, well-established infrastructure and year-round accessibility.