Short Interest in Wesdome Gold Mines Ltd. (OTCMKTS:WDOFF) Drops By 33.7%

Wesdome Gold Mines Ltd. (OTCMKTS:WDOFF) saw a large decline in short interest in September. As of September 30th, there was short interest totalling 1,158,300 shares, a decline of 33.7% from the September 15th total of 1,747,700 shares. Based on an average daily trading volume, of 255,400 shares, the days-to-cover ratio is currently 4.5 days.

Wesdome Gold Mines Stock Down 0.8 %

Shares of OTCMKTS:WDOFF opened at $9.00 on Monday. The company has a 50 day moving average of $9.56 and a 200-day moving average of $8.76. Wesdome Gold Mines has a twelve month low of $5.14 and a twelve month high of $10.66.

Wesdome Gold Mines Company Profile

Wesdome Gold Mines Ltd. mines, develops, and explores for gold and silver deposits in Canada. It holds interest in the Eagle River Mine in Ontario; and the Kiena Mine in Québec. The company was formerly known as River Gold Mines Ltd. and changed its name to Wesdome Gold Mines Ltd. Wesdome Gold Mines Ltd.