Short Interest in Meridian Mining UK Societas (OTCMKTS:MRRDF) Decreases By 22.2%

Meridian Mining UK Societas (OTCMKTS:MRRDF) saw a significant drop in short interest in December. As of December 15th, there was short interest totalling 104,700 shares, a drop of 22.2% from the November 30th total of 134,500 shares. Based on an average trading volume of 27,400 shares, the days-to-cover ratio is currently 3.8 days.

Meridian Mining UK Societas Stock Performance

Meridian Mining UK Societas stock opened at C$0.27 on Friday. Meridian Mining UK Societas has a 12 month low of C$0.20 and a 12 month high of C$0.44. The stock’s 50 day simple moving average is C$0.31 and its two-hundred day simple moving average is C$0.31.

About Meridian Mining UK Societas

Meridian Mining UK Societas, together with its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in Brazil. It explores for manganese, gold, copper, and tin deposits. The company holds a 100% interest in the Espigão polymetallic project and the Ariquemes tin project located in Rondônia.