Capricorn Metals Ltd (OTCMKTS:CRNLF) Sees Significant Drop in Short Interest

Capricorn Metals Ltd (OTCMKTS:CRNLF) saw a significant decline in short interest in March. As of March 31st, there was short interest totalling 416,700 shares, a decline of 7.9% from the March 15th total of 452,200 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 4,167.0 days.

Capricorn Metals Stock Performance

OTCMKTS CRNLF opened at C$3.25 on Wednesday. The company has a 50-day simple moving average of C$3.03 and a two-hundred day simple moving average of C$3.05. Capricorn Metals has a 12-month low of C$2.90 and a 12-month high of C$3.25.

About Capricorn Metals

Capricorn Metals Ltd engages in the evaluation, exploration, development, and production of gold properties in Australia. It holds a 100% interest in the Karlawinda gold project located in the Pilbara region of Western Australia; and the Mt Gibson Gold Project located in the Murchison region of Western Australia.