O3 Mining Inc. (OTCMKTS:OIIIF) Sees Significant Drop in Short Interest

O3 Mining Inc. (OTCMKTS:OIIIF) was the recipient of a significant drop in short interest during the month of February. As of February 15th, there was short interest totalling 52,700 shares, a drop of 18.2% from the January 31st total of 64,400 shares. Based on an average daily volume of 2,900 shares, the short-interest ratio is currently 18.2 days.

O3 Mining Price Performance

Shares of OIIIF stock traded up $0.00 during mid-day trading on Wednesday, reaching $1.14. The stock had a trading volume of 100 shares, compared to its average volume of 41,116. O3 Mining has a 52-week low of $0.68 and a 52-week high of $1.18. The stock’s 50-day moving average price is $1.15 and its two-hundred day moving average price is $0.93.

About O3 Mining

O3 Mining Inc engages in the acquisition, exploration, and development of precious metal resource properties in Canada. The company primarily explores for gold deposits. Its flagship property is the Marban Alliance property with 65 mining claims covering 2,189 hectares located in the western portion of the province of Québec, Canada.