G Mining Ventures Corp. (OTCMKTS:GMINF) Sees Significant Decline in Short Interest

G Mining Ventures Corp. (OTCMKTS:GMINF) was the recipient of a large drop in short interest during the month of November. As of November 30th, there was short interest totalling 967,800 shares, a drop of 21.2% from the November 15th total of 1,227,500 shares. Based on an average daily trading volume, of 39,300 shares, the short-interest ratio is currently 24.6 days.

G Mining Ventures Stock Performance

Shares of GMINF traded down C$0.16 on Friday, reaching C$7.59. The company’s stock had a trading volume of 48,294 shares, compared to its average volume of 31,736. The stock’s 50 day simple moving average is C$7.85 and its two-hundred day simple moving average is C$5.81. G Mining Ventures has a 12-month low of C$2.85 and a 12-month high of C$9.79.

G Mining Ventures Company Profile

G Mining Ventures Corp. engages in the acquisition, exploration, evaluation, and development of mineral properties. Its flagship project is the Tocantinzinho gold project that includes two mining concessions covering an area of 12,889 hectares, 23 exploration licenses covering an area of 76,116 hectares, and two applications for exploration licenses covering an area of 9,395 hectares located in Pará State, Brazil.