What Will Happen to MINCOR RESOURCES (OTCMKTS:MCRZF) Next? The Stock Has Decline in Shorts

February 15, 2018 - By Marie Mckinney

The stock of MINCOR RESOURCES (OTCMKTS:MCRZF) registered a decrease of 84.38% in short interest. MCRZF’s total short interest was 500 shares in February as published by FINRA. Its down 84.38% from 3,200 shares, reported previously. With 500 shares average volume, it will take short sellers 1 days to cover their MCRZF’s short positions.

The stock increased 11.17% or $0.0295 during the last trading session, reaching $0.2935. About 2,000 shares traded or 21.36% up from the average. Mincor Resources NL (OTCMKTS:MCRZF) has 0.00% since February 15, 2017 and is . It has underperformed by 16.70% the S&P500.

Mincor Resources NL engages in the exploration of mineral resources in Australia. The company has market cap of $63.85 million. It explores for gold, nickel, and copper deposits. It currently has negative earnings. The firm operates the Widgiemooltha gold project, which include West Oliver, Darlek, Bass, Flinders, and Hronsky prospects located in Western Australia; and Otter Juan, Durkin, and McMahon nickel mines located in Western Australia.

More news for Mincor Resources NL (OTCMKTS:MCRZF) were recently published by: Juniorminingnetwork.com, which released: “Mincor Resources: Nickel exploration commences at highly prospective Cassini” on February 01, 2018. Smh.com.Au‘s article titled: “Nickel price bloodbath in WA as Mincor, Panoramic announce closures” and published on January 27, 2016 is yet another important article.

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