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

O3 Mining Inc. (OTCMKTS:OIIIF) was the target of a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 41,600 shares, a decrease of 21.1% from the February 13th total of 52,700 shares. Based on an average trading volume of 5,600 shares, the short-interest ratio is currently 7.4 days.

O3 Mining Trading Down 1.7 %

Shares of O3 Mining stock traded down $0.02 during trading on Wednesday, hitting $1.14. 1,822 shares of the company’s stock were exchanged, compared to its average volume of 36,168. O3 Mining has a 52-week low of $0.68 and a 52-week high of $1.18. The business has a 50-day simple moving average of $1.15 and a 200-day simple moving average of $0.95.

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.