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

Gold Road Resources Limited (OTCMKTS:ELKMF) was the target of a significant increase in short interest in February. As of February 28th, there was short interest totalling 531,700 shares, an increase of 20.7% from the February 13th total of 440,600 shares. Based on an average trading volume of 700 shares, the short-interest ratio is presently 759.6 days.

Gold Road Resources Stock Performance

Gold Road Resources stock traded up $0.10 during trading hours on Wednesday, hitting $1.65. 5,700 shares of the stock traded hands, compared to its average volume of 1,267. The firm’s 50-day moving average price is $1.54 and its two-hundred day moving average price is $1.33. Gold Road Resources has a one year low of $0.99 and a one year high of $1.79.

Gold Road Resources Company Profile

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.