Maple Gold Mines Ltd. (OTCMKTS:MGMLF) Short Interest Down 54.6% in February

Maple Gold Mines Ltd. (OTCMKTS:MGMLF) was the target of a large drop in short interest in February. As of February 27th, there was short interest totaling 129,461 shares, a drop of 54.6% from the February 12th total of 284,951 shares. Based on an average daily trading volume, of 179,839 shares, the short-interest ratio is currently 0.7 days. Based on an average daily trading volume, of 179,839 shares, the short-interest ratio is currently 0.7 days.

Maple Gold Mines Stock Performance

Shares of OTCMKTS MGMLF traded down C$0.13 during trading hours on Friday, hitting C$1.78. 82,872 shares of the company traded hands, compared to its average volume of 89,843. Maple Gold Mines has a 12 month low of C$0.35 and a 12 month high of C$2.35. The company’s 50 day moving average price is C$1.88 and its 200 day moving average price is C$1.31.

About Maple Gold Mines

Maple Gold Mines Ltd. is a Canadian mineral exploration company focused on the acquisition, exploration and development of gold projects in Quebec’s prolific Abitibi greenstone belt. The company’s flagship asset is the Douay gold project, which comprises several contiguous properties covering more than 300 square kilometres of prospective terrain. Through systematic drilling programs and detailed geological mapping, Maple Gold Mines aims to expand and define high‐grade gold mineralization within structurally controlled zones.

The Douay project lies approximately 60 kilometres northeast of the Abitibi town of Chibougamau, a well‐established mining district with supporting infrastructure such as year‐round road access, hydroelectric power and nearby milling facilities.