Benchmark Metals Inc. (OTCMKTS:BNCHF) Sees Significant Increase in Short Interest

Benchmark Metals Inc. (OTCMKTS:BNCHF – Get Rating) saw a large increase in short interest in December. As of December 30th, there was short interest totalling 100,900 shares, an increase of 7.7% from the December 15th total of 93,700 shares. Based on an average daily volume of 40,700 shares, the short-interest ratio is presently 2.5 days.

Benchmark Metals Stock Performance

Shares of Benchmark Metals stock opened at $0.36 on Monday. Benchmark Metals has a one year low of $0.23 and a one year high of $0.94. The stock’s 50-day moving average is $0.30 and its 200 day moving average is $0.33.

About Benchmark Metals

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Benchmark Metals Inc, a junior resource company, engages in the identification, evaluation, acquisition, and exploration of mineral properties in Canada. The company explores for gold and silver deposits. It holds a 100% interest in the Lawyers Property project that consists of 46 contiguous mineral claims covering approximately 14,392 hectares located in British Columbia.