Evolution Mining Limited (OTCMKTS:CAHPF) Sees Significant Decline in Short Interest

Evolution Mining Limited (OTCMKTS:CAHPF) saw a significant drop in short interest in October. As of October 15th, there was short interest totalling 3,176,400 shares, a drop of 5.8% from the September 30th total of 3,372,900 shares. Based on an average trading volume of 15,600 shares, the short-interest ratio is currently 203.6 days.

Evolution Mining Stock Performance

Shares of OTCMKTS:CAHPF opened at $3.20 on Friday. Evolution Mining has a 1 year low of $1.86 and a 1 year high of $3.54. The business has a 50 day simple moving average of $3.04 and a two-hundred day simple moving average of $2.70.

Evolution Mining Company Profile

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.