Is Buying GUNGNIR RESOURCES (OTCMKTS:ASWRF), Having Lower Short Interest a Winning Strategy?

January 12, 2018 - By marketbeat

The stock of GUNGNIR RESOURCES (OTCMKTS:ASWRF) registered a decrease of 67.66% in short interest. ASWRF’s total short interest was 5,400 shares in January as published by FINRA. Its down 67.66% from 16,700 shares, reported previously. With 92,500 shares average volume, it will take short sellers 0 days to cover their ASWRF’s short positions.

It closed at $0.0998 lastly. It is down 0.00% since January 12, 2017 and is . It has underperformed by 16.70% the S&P500.

Gungnir Resources Inc., a junior mineral exploration company, acquires, evaluates, and explores mineral properties in Canada and Sweden. The company has market cap of $6.47 million. It primarily explores for gold and base metals. It has a 33.27 P/E ratio. The firm holds a 100% interest in the Nordanas and Knaften gold exploration projects covering an area of 78.5 square kilometers in the Skellefte Mining District of northern Sweden; and the Rormyrberget and Lappvattnet nickel deposits covering an area of 471.3 hectares in the Vasterbotten District of northern Sweden.

More recent Gungnir Resources Inc. (OTCMKTS:ASWRF) news were published by: Marketwired.com which released: “Anglo Swiss Announces Closing of Gungnir Acquisition, Proposed Change of Name …” on June 19, 2014. Also Globenewswire.com published the news titled: “Gungnir Resources Updates Corporate Presentation” on February 23, 2017. Juniorminingnetwork.com‘s news article titled: “Gungnir Receives Final Approval for New Permits in Sweden and Provides Summary …” with publication date: January 11, 2018 was also an interesting one.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.