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

O3 Mining Inc. (OTCMKTS:OIIIF) saw a significant decrease in short interest during the month of November. As of November 15th, there was short interest totalling 11,400 shares, a decrease of 62.7% from the October 31st total of 30,600 shares. Based on an average daily volume of 27,900 shares, the short-interest ratio is currently 0.4 days.

O3 Mining Stock Down 3.2 %

O3 Mining stock traded down $0.02 during midday trading on Wednesday, hitting $0.74. 2,169 shares of the stock were exchanged, compared to its average volume of 12,769. The company has a fifty day simple moving average of $0.77 and a two-hundred day simple moving average of $0.85. O3 Mining has a 52 week low of $0.68 and a 52 week high of $1.30.

O3 Mining Company Profile

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.