Eskay Mining Corp. (OTCMKTS:ESKYF) Sees Significant Growth in Short Interest

Eskay Mining Corp. (OTCMKTS:ESKYF) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 20,018 shares, an increase of 8,603.5% from the August 15th total of 230 shares. Based on an average daily volume of 59,148 shares, the short-interest ratio is presently 0.3 days.

Eskay Mining Price Performance

Eskay Mining stock traded down C$0.03 during trading on Thursday, hitting C$0.20. The stock had a trading volume of 72,390 shares, compared to its average volume of 60,687. Eskay Mining has a 1 year low of C$0.15 and a 1 year high of C$0.55. The stock’s 50 day moving average is C$0.25 and its two-hundred day moving average is C$0.28.

About Eskay Mining

Eskay Mining Corp., trading under the symbol ESKYF on the OTC Markets, is a junior mineral exploration company focused on advancing high-grade gold and silver projects in British Columbia’s prolific Golden Triangle region. The company’s flagship asset is the Eskay Creek Seel deposit, located adjacent to the historic Eskay Creek mine, which produced more than 3.3 million ounces of gold and 160 million ounces of silver between 1994 and 2008. Eskay Mining holds a 100% interest in this property and is pursuing systematic drilling, resource definition and metallurgical studies to assess the project’s potential for near-surface mineralization and bulk tonnage discovery.

In addition to Eskay Creek Seel, the company controls a portfolio of exploration licences spanning more than 15,000 hectares in the Golden Triangle, an area recognized for world-class mineral endowments, well-established infrastructure and year-round accessibility.