Evolution Mining Limited (OTCMKTS:CAHPF) Sees Large Drop in Short Interest

Evolution Mining Limited (OTCMKTS:CAHPF) was the recipient of a large decline in short interest in the month of December. As of December 31st, there was short interest totalling 2,603,700 shares, a decline of 27.4% from the December 15th total of 3,585,100 shares. Based on an average trading volume of 5,200 shares, the short-interest ratio is currently 500.7 days.

Evolution Mining Trading Up 1.7 %

CAHPF traded up $0.05 during trading on Wednesday, hitting $3.05. The company’s stock had a trading volume of 122 shares, compared to its average volume of 5,130. Evolution Mining has a twelve month low of $1.86 and a twelve month high of $3.54. The firm’s 50 day moving average price is $3.10 and its 200-day moving average price is $2.92.

About Evolution Mining

Evolution Mining Limited engages in the exploration, mine development and operation, and sale of gold and gold-copper concentrates in Australia and Canada. The company also explores for copper and silver deposits. It owns and operates mines, including Cowal in New South Wales; Ernest Henry and Mt Rawdon in Queensland; Mungari in Western Australia; and Red Lake in Ontario, Canada.