Signal Gold Inc. (OTCMKTS:SGNLF) Short Interest Update

Signal Gold Inc. (OTCMKTS:SGNLF) was the target of a significant decrease in short interest in July. As of July 31st, there was short interest totalling 12,300 shares, a decrease of 25.9% from the July 15th total of 16,600 shares. Based on an average daily trading volume, of 49,300 shares, the days-to-cover ratio is presently 0.2 days.

Signal Gold Price Performance

Signal Gold stock remained flat at C$0.07 during mid-day trading on Wednesday. The company’s stock had a trading volume of 12 shares, compared to its average volume of 25,284. The firm’s 50 day simple moving average is C$0.07 and its two-hundred day simple moving average is C$0.07. Signal Gold has a 12-month low of C$0.05 and a 12-month high of C$0.18.

Signal Gold Company Profile

Signal Gold Inc operates as a gold development and exploration company in Canada. The company holds a 100% interest in the Goldboro Gold project covering an area of 27, 200 hectares situated to the 175 kilometers northeast of Halifax, Nova Scotia. It also owns a Tilt Cove Gold and copper project that covers an area of approximately 19, 450 hectares located within the Baie Verte Mining District, Newfoundland.