Evolution Mining Limited (OTCMKTS:CAHPF) Sees Large Growth in Short Interest

Evolution Mining Limited (OTCMKTS:CAHPF) was the recipient of a significant growth in short interest in the month of September. As of September 30th, there was short interest totalling 3,372,900 shares, a growth of 21.9% from the September 15th total of 2,766,700 shares. Based on an average daily trading volume, of 12,200 shares, the short-interest ratio is presently 276.5 days.

Evolution Mining Stock Performance

OTCMKTS CAHPF opened at $3.08 on Wednesday. Evolution Mining has a 1-year low of $1.86 and a 1-year high of $3.25. The stock’s 50 day simple moving average is $2.84 and its 200-day simple moving average is $2.62.

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.