Anaconda Mining Inc (OTCMKTS:ANXGF) Short Interest Down 27.6% in August

Anaconda Mining Inc (OTCMKTS:ANXGF) was the recipient of a large drop in short interest in the month of August. As of August 31st, there was short interest totalling 31,200 shares, a drop of 27.6% from the August 15th total of 43,100 shares. Based on an average daily volume of 208,700 shares, the short-interest ratio is currently 0.1 days.

Shares of OTCMKTS ANXGF opened at $0.44 on Thursday. The firm’s fifty day moving average is $0.47 and its two-hundred day moving average is $0.26. Anaconda Mining has a 52-week low of $0.07 and a 52-week high of $0.59.

Anaconda Mining Company Profile

Anaconda Mining Inc operates as a gold mining, development, and exploration company in Canada. It holds a 100% interest in the Point Rousse project comprising 5 mining leases and 24 mineral licenses with a total of 5,878 hectares located in the Baie Verte Mining District, Newfoundland; Goldboro project comprising 37 contiguous claims covering an area of 600 hectares situated to the northeast of Halifax, Nova Scotia; and Viking project that covers an area of 6,225 hectares of prospective land located in Newfoundland.

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