Evolution Mining Limited (OTCMKTS:CAHPF) Short Interest Up 15.2% in November

Evolution Mining Limited (OTCMKTS:CAHPF) saw a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 2,451,700 shares, an increase of 15.2% from the November 15th total of 2,128,800 shares. Based on an average daily trading volume, of 6,600 shares, the days-to-cover ratio is currently 371.5 days.

Evolution Mining Price Performance

Shares of Evolution Mining stock remained flat at $3.16 during trading on Monday. 6,700 shares of the stock traded hands, compared to its average volume of 11,325. The stock’s 50-day simple moving average is $3.20 and its 200 day simple moving average is $2.84. Evolution Mining has a 1-year low of $1.86 and a 1-year high of $3.54.

About Evolution Mining

Evolution Mining Limited engages in the exploration, mine development and operation, and sale of gold and gold-copper concentrates in Australia and Canada. The company also explores for copper and silver deposits. It owns and operates mines, including Cowal in New South Wales; Ernest Henry and Mt Rawdon in Queensland; Mungari in Western Australia; and Red Lake in Ontario, Canada.