Hercules Silver Corp. (OTCMKTS:BADEF – Get Free Report) was the recipient of a significant growth in short interest in September. As of September 30th, there was short interest totaling 549,224 shares, a growth of 77.7% from the September 15th total of 309,023 shares. Based on an average trading volume of 522,340 shares, the days-to-cover ratio is currently 1.1 days.
Hercules Silver Stock Up 4.6%
BADEF opened at $0.75 on Friday. The stock has a 50-day moving average price of $0.92 and a 200-day moving average price of $0.63. Hercules Silver has a 1 year low of $0.37 and a 1 year high of $1.16.
About Hercules Silver
Hercules Silver Corp. is a mineral exploration company focused on the discovery and development of precious- and base-metal deposits. The company does not currently produce or sell minerals; its activities center on acquiring, evaluating and advancing exploration properties.
Hercules Silver’s principal asset is the Hercules Project in Idaho, a large exploration property in the historic western Idaho mining region. The project hosts a high-grade silver system as well as indications of a porphyry copper system, giving the company exposure to both precious- and base-metal exploration opportunities.
The company conducts geological mapping, geophysical surveys, drilling and other technical work to define mineralization and assess the project’s economic potential.
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