Maple Gold Mines Ltd. (OTCMKTS:MGMLF) Short Interest Update

Maple Gold Mines Ltd. (OTCMKTS:MGMLF) saw a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 48,914 shares, a drop of 51.3% from the June 15th total of 100,380 shares. Based on an average daily volume of 87,700 shares, the short-interest ratio is presently 0.6 days.

Maple Gold Mines Stock Performance

Shares of MGMLF stock traded up C$0.05 during trading on Wednesday, reaching C$1.93. The company’s stock had a trading volume of 1,541 shares, compared to its average volume of 82,437. Maple Gold Mines has a one year low of C$0.50 and a one year high of C$3.00. The business has a fifty day moving average price of C$2.16 and a 200-day moving average price of C$1.94.

Maple Gold Mines Company Profile

Maple Gold Mines Ltd. is a Canadian mineral exploration company focused on the acquisition, exploration and development of gold projects in Quebec’s prolific Abitibi greenstone belt. The company’s flagship asset is the Douay gold project, which comprises several contiguous properties covering more than 300 square kilometres of prospective terrain. Through systematic drilling programs and detailed geological mapping, Maple Gold Mines aims to expand and define high‐grade gold mineralization within structurally controlled zones.

The Douay project lies approximately 60 kilometres northeast of the Abitibi town of Chibougamau, a well‐established mining district with supporting infrastructure such as year‐round road access, hydroelectric power and nearby milling facilities.