Eskay Mining Corp. (OTCMKTS:ESKYF) Sees Significant Growth in Short Interest

Eskay Mining Corp. (OTCMKTS:ESKYF) saw a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 5,195 shares, an increase of 2,158.7% from the June 15th total of 230 shares. Based on an average daily trading volume, of 18,213 shares, the days-to-cover ratio is presently 0.3 days.

Eskay Mining Stock Performance

Shares of ESKYF traded up C$0.00 during mid-day trading on Friday, hitting C$0.26. 6,565 shares of the company traded hands, compared to its average volume of 73,073. The business has a 50 day moving average of C$0.29 and a 200 day moving average of C$0.32. Eskay Mining has a 1-year low of C$0.15 and a 1-year high of C$0.55.

About Eskay Mining

Eskay Mining Corp., trading under the symbol ESKYF on the OTC Markets, is a junior mineral exploration company focused on advancing high-grade gold and silver projects in British Columbia’s prolific Golden Triangle region. The company’s flagship asset is the Eskay Creek Seel deposit, located adjacent to the historic Eskay Creek mine, which produced more than 3.3 million ounces of gold and 160 million ounces of silver between 1994 and 2008. Eskay Mining holds a 100% interest in this property and is pursuing systematic drilling, resource definition and metallurgical studies to assess the project’s potential for near-surface mineralization and bulk tonnage discovery.

In addition to Eskay Creek Seel, the company controls a portfolio of exploration licences spanning more than 15,000 hectares in the Golden Triangle, an area recognized for world-class mineral endowments, well-established infrastructure and year-round accessibility.