Gold Road Resources Limited (OTCMKTS:ELKMF) Short Interest Update

Gold Road Resources Limited (OTCMKTS:ELKMF) was the target of a large growth in short interest in December. As of December 15th, there was short interest totalling 647,900 shares, a growth of 37.5% from the November 30th total of 471,100 shares. Based on an average trading volume of 1,000 shares, the short-interest ratio is currently 647.9 days.

Gold Road Resources Price Performance

OTCMKTS:ELKMF remained flat at $1.31 during mid-day trading on Monday. Gold Road Resources has a 52 week low of $0.95 and a 52 week high of $1.38. The business has a 50 day moving average of $1.27 and a 200-day moving average of $1.19.

About Gold Road Resources

Gold Road Resources Limited, together with its subsidiaries, engages in the exploration of gold properties in Western Australia. It owns 50% interest in the Gruyere gold mine located in north-east of Perth. The company was formerly known as Eleckra Mines Limited and changed its name to Gold Road Resources Limited in November 2010.