What’s Propelling SPROTT RESOURCE HLDGS INC COMMON SHARES (OTCMKTS:SRHIF) After Higher Shorts Reported?

June 26, 2018 - By Winifred Garcia

The stock of SPROTT RESOURCE HLDGS INC COMMON SHARES (OTCMKTS:SRHIF) registered an increase of 2.48% in short interest. SRHIF’s total short interest was 974,300 shares in June as published by FINRA. Its up 2.48% from 950,700 shares, reported previously. With 131,600 shares average volume, it will take short sellers 7 days to cover their SRHIF’s short positions. The short interest to SPROTT RESOURCE HLDGS INC COMMON SHARES’s float is 0.15%.

It closed at $0.09 lastly. It is down 0.00% since June 26, 2017 and is . It has underperformed by 12.57% the S&P500.

Sprott Resource Holdings Inc. operates as a diversified holding firm that focuses in the mining, energy, and agriculture sectors. The company has market cap of $60.50 million. The company, through its investment portfolio, supplies metallurgical coal to steel producers in the Atlantic and Pacific basin markets; develops and produces oil; and owns the intellectual property in and to the patented solvent thermal resource innovations process for North America. It currently has negative earnings. It also owns and manages approximately 139,000 hectares of farmland in Uruguay; engages in branded food business focusing on natural and organic meats and other value-added branded products; and holds interests in the Lac Otelnuk iron ore project, located in the Labrador Trough in Quebec, Canada.

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