Wesdome Gold Mines Ltd. (OTCMKTS:WDOFF) Short Interest Down 22.5% in May

Wesdome Gold Mines Ltd. (OTCMKTS:WDOFFGet Free Report) saw a significant decline in short interest in the month of May. As of May 15th, there was short interest totalling 2,264,600 shares, a decline of 22.5% from the April 30th total of 2,921,300 shares. Based on an average trading volume of 262,300 shares, the days-to-cover ratio is currently 8.6 days.

Wesdome Gold Mines Stock Up 1.3 %

Shares of OTCMKTS WDOFF opened at $8.32 on Friday. The firm’s 50 day simple moving average is $7.85 and its 200-day simple moving average is $6.78. Wesdome Gold Mines has a 12 month low of $4.81 and a 12 month high of $8.75.

Wesdome Gold Mines Company Profile

(Get Free Report)

Wesdome Gold Mines Ltd. mines, develops, and explores for gold and silver deposits in Canada. It holds interest in the Eagle River Mine in Ontario; and the Kiena Mine in Québec. The company was formerly known as River Gold Mines Ltd. and changed its name to Wesdome Gold Mines Ltd. Wesdome Gold Mines Ltd.

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