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

Evolution Mining Limited (OTCMKTS:CAHPF) was the target of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 3,585,100 shares, a growth of 46.2% from the November 30th total of 2,451,700 shares. Based on an average daily volume of 13,200 shares, the days-to-cover ratio is currently 271.6 days.

Evolution Mining Price Performance

OTCMKTS CAHPF traded down $0.03 during trading hours on Friday, hitting $3.00. The company had a trading volume of 810 shares, compared to its average volume of 11,140. Evolution Mining has a fifty-two week low of $1.86 and a fifty-two week high of $3.54. The business has a fifty day simple moving average of $3.18 and a 200-day simple moving average of $2.86.

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.