Eskay Mining Corp. (OTCMKTS:ESKYF – Get Free Report) was the recipient of a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 9,332 shares, a decline of 71.6% from the May 14th total of 32,900 shares. Based on an average daily volume of 34,283 shares, the short-interest ratio is presently 0.3 days.
Eskay Mining Trading Down 2.1%
Shares of OTCMKTS ESKYF traded down C$0.01 during midday trading on Thursday, hitting C$0.26. The company’s stock had a trading volume of 14,179 shares, compared to its average volume of 82,696. The business’s 50 day moving average is C$0.30 and its two-hundred day moving average is C$0.30. Eskay Mining has a 12-month low of C$0.15 and a 12-month 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.
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