MINCOR RESOURCES NL SHS AUSTRALIA (OTCMKTS:MCRZF) Could Burn Your Long Portfolio After More Shorts

March 21, 2018 - By Ellis Scott

The stock of MINCOR RESOURCES NL SHS AUSTRALIA (OTCMKTS:MCRZF) registered an increase of 3.33% in short interest. MCRZF’s total short interest was 3,100 shares in March as published by FINRA. Its up 3.33% from 3,000 shares, reported previously. With 2,100 shares average volume, it will take short sellers 2 days to cover their MCRZF’s short positions.

It closed at $0.26 lastly. It is down 0.00% since March 21, 2017 and is . It has underperformed by 16.70% the S&P500.

Mincor Resources NL engages in the exploration of mineral resources in Australia. The company has market cap of $54.16 million. It explores for gold, nickel, and copper deposits. It currently has negative earnings. The firm operates the Widgiemooltha gold project, which include West Oliver, Darlek, Bass, Flinders, and Hronsky prospects located in Western Australia; and Otter Juan, Durkin, and McMahon nickel mines located in Western Australia.

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