Callinex Mines Inc. (OTCMKTS:CLLXF) Sees Large Decline in Short Interest

Callinex Mines Inc. (OTCMKTS:CLLXF) was the target of a large drop in short interest in April. As of April 15th, there was short interest totalling 14,200 shares, a drop of 18.9% from the March 31st total of 17,500 shares. Based on an average trading volume of 30,700 shares, the days-to-cover ratio is presently 0.5 days.

Callinex Mines Stock Down 3.6 %

Shares of Callinex Mines stock traded down $0.04 on Tuesday, reaching $0.96. 8,482 shares of the company were exchanged, compared to its average volume of 11,736. Callinex Mines has a fifty-two week low of $0.87 and a fifty-two week high of $3.00. The stock has a fifty day moving average price of $0.97 and a 200-day moving average price of $1.20.

Callinex Mines Company Profile

Callinex Mines Inc engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for copper, zinc, gold, and silver deposits. Its principal project portfolio includes the Pine Bay project that covers an area of 6,795 square hectare and 77 contiguous mineral claims situated in the Flin Flon Mining District, Manitoba; and the Nash Creek property, which comprises seven contiguous mineral claims that covers an area of 15,542.31 hectares located in Restigouche County in northeast New Brunswick.