Tuesday, August 02, 2016 10:23:56 AM
The Market does not like uncertainty (elections, Brexit, etc) and its at all time highs, but PM's sure do! Not a good time to be shorting miners imo. Buy the dips
Eurasian Minerals Inc (Canada) (EMXX) Short Interest Up 2,634.7% in July
Posted by Eileen French on Jul 30th, 2016 // No Comments
Eurasian Minerals Inc (Canada) logoEurasian Minerals Inc (Canada) (NYSE:EMXX) was the target of a large growth in short interest in the month of July. As of July 15th, there was short interest totalling 28,687 shares, a growth of 2,634.7% from the June 30th total of 1,049 shares. Based on an average daily volume of 277,838 shares, the days-to-cover ratio is currently 0.1 days.
Separately, TheStreet lowered Eurasian Minerals Inc (Canada) from a “hold” rating to a “sell” rating in a research report on Monday, July 11th.
Shares of Eurasian Minerals Inc (NYSE:EMXX) traded up 6.32% during midday trading on Tuesday, reaching $1.01. The company’s stock had a trading volume of 93,358 shares. The company’s market cap is $74.53 million. Eurasian Minerals Inc has a 12 month low of $0.35 and a 12 month high of $1.09. The stock has a 50-day moving average of $0.84 and a 200 day moving average of $0.67.
http://www.com-unik.info/eurasian-minerals-inc-canada-emxx-short-interest-up-2634-7-in-july/
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