Labrador Gold Corp. (OTCMKTS:NKOSF) Sees Significant Decrease in Short Interest

Labrador Gold Corp. (OTCMKTS:NKOSF) saw a large decline in short interest in June. As of June 15th, there was short interest totaling 456 shares, a decline of 94.3% from the May 31st total of 8,039 shares. Based on an average trading volume of 289,962 shares, the short-interest ratio is currently 0.0 days.

Labrador Gold Price Performance

Shares of OTCMKTS:NKOSF remained flat at C$0.04 during trading hours on Friday. Labrador Gold has a 12 month low of C$0.04 and a 12 month high of C$0.08. The business has a fifty day moving average price of C$0.04 and a 200-day moving average price of C$0.07.

About Labrador Gold

Labrador Gold Corp. engages in the acquisition and exploration of gold properties in the Americas. It explores for copper and silver deposits. The company owns a 100% interest in the Borden Lake property that comprises 219 claims located in Chapleau, Ontario; and the Scotch property consists of 21 claims located near Sussex, New Brunswick. It also holds 100% interest in the Kingsway property consisting of 264 claims in three licenses covering approximately 77 square kilometers located near Gander, Newfoundland; and the Hopedale property that comprises 998 claims in five licenses covering an area of approximately 249 square kilometers located in Florence Lake greenstone belt.