Short Interest in Monument Mining Limited (OTCMKTS:MMTMF) Rises By 1,291.0%

Monument Mining Limited (OTCMKTS:MMTMF) was the target of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 69,245 shares, a growth of 1,291.0% from the April 30th total of 4,978 shares. Based on an average daily volume of 182,161 shares, the days-to-cover ratio is currently 0.4 days.

Monument Mining Price Performance

Shares of MMTMF stock traded up $0.01 during mid-day trading on Wednesday, hitting $0.64. 98,000 shares of the company’s stock were exchanged, compared to its average volume of 99,327. Monument Mining has a fifty-two week low of $0.27 and a fifty-two week high of $1.15. The stock has a 50-day simple moving average of $0.65 and a two-hundred day simple moving average of $0.77.

Monument Mining Company Profile

Monument Mining Limited (OTCMKTS: MMTMF) is a gold producer and explorer focused on brownfields mining projects in Southeast Asia and Western Australia. Incorporated in 2007 and headquartered in Vancouver, British Columbia, the company’s primary objective is to advance gold assets through production, resource expansion and exploration programs.

The company’s flagship asset is the Selinsing Gold Project, located near Gopeng in Perak, Malaysia. Selinsing comprises an operating underground and open‐pit mine, supported by a carbon‐in‐leach processing plant.