Silver Bull Resources, Inc. (OTCMKTS:SVBL) Sees Large Drop in Short Interest

Silver Bull Resources, Inc. (OTCMKTS:SVBL – Get Rating) was the target of a large decrease in short interest in June. As of June 30th, there was short interest totalling 15,600 shares, a decrease of 34.5% from the June 15th total of 23,800 shares. Based on an average trading volume of 31,300 shares, the days-to-cover ratio is presently 0.5 days.

Silver Bull Resources Trading Up 2.6 %

OTCMKTS:SVBL opened at $0.20 on Tuesday. The stock has a 50-day simple moving average of $0.20 and a 200-day simple moving average of $0.23. The stock has a market cap of $6.91 million, a P/E ratio of -2.22 and a beta of 0.81. Silver Bull Resources has a 1 year low of $0.16 and a 1 year high of $1.14. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.54 and a current ratio of 1.54.

Silver Bull Resources Company Profile

(Get Rating)

Silver Bull Resources, Inc, an exploration stage company, acquires, explores, and develops mineral properties in Mexico, Kazakhstan, and Canada. It primarily explores for silver and zinc deposits. The company's principal project is the Sierra Mojada property comprising 20 concessions covering an area of 6,496 hectares located in Coahuila, Mexico.

Further Reading

• Get a free copy of the StockNews.com research report on Silver Bull Resources (SVBL)
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