PT Merdeka Copper Gold Tbk (OTCMKTS:PMCGF) Shares Shorted: Short Interest Up 47,200,000.0% in October

PT Merdeka Copper Gold Tbk (OTCMKTS:PMCGF – Get Free Report) was the target of a large increase in short interest in the month of October. As of October 30th, there was short interest totaling 472,001 shares, an increase of 47,200,000.0% from the October 15th total of 1 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

PT Merdeka Copper Gold Tbk Stock Performance

Shares of OTCMKTS:PMCGF remained flat at $0.10 during midday trading on Tuesday. PT Merdeka Copper Gold Tbk has a 52 week low of $0.10 and a 52 week high of $0.20. The business has a 50 day simple moving average of $0.10 and a 200 day simple moving average of $0.10.

About PT Merdeka Copper Gold Tbk

(Get Free Report)

PT Merdeka Copper Gold Tbk is an Indonesian mining company engaged in the exploration, development and production of metals. Its portfolio includes gold, copper and nickel assets, with activities spanning mining and mineral processing. The company’s operations and projects are located in Indonesia. Its assets include the Tujuh Bukit gold mine and copper project in East Java, the Wetar copper operation in Maluku, and the Pani gold project in Gorontalo. Through its subsidiary businesses, Merdeka also has interests in nickel mining and materials processing.

Featured Stories

Receive News & Ratings for PT Merdeka Copper Gold Tbk Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PT Merdeka Copper Gold Tbk and related companies with MarketBeat.com's FREE daily email newsletter.