Lion Copper and Gold Corp. (OTCMKTS:LCGMF – Get Free Report) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 6,947 shares, an increase of 158.3% from the September 30th total of 2,689 shares. Based on an average daily volume of 15,871 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.1% of the shares of the stock are short sold.
Lion Copper and Gold Price Performance
OTCMKTS:LCGMF remained flat at $5.94 during mid-day trading on Thursday. Lion Copper and Gold has a 12 month low of $2.04 and a 12 month high of $8.93. The firm has a 50 day simple moving average of $5.11 and a 200-day simple moving average of $5.63.
About Lion Copper and Gold
Quaterra Resources Inc is a mineral exploration company focused primarily on the acquisition, evaluation, and development of copper and other base- and precious-metal properties. The company has historically pursued exploration opportunities in the United States and Mexico, with an emphasis on projects that could support future copper production.
Its portfolio has included the MacArthur copper project in Nevada’s Yerington mining district, an area with a long history of copper exploration and production.
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