Spearmint Resources Inc. (OTCMKTS:SPMTF) Sees Significant Decrease in Short Interest

Spearmint Resources Inc. (OTCMKTS:SPMTF) was the target of a large drop in short interest in the month of December. As of December 31st, there was short interest totalling 85,800 shares, a drop of 27.8% from the December 15th total of 118,900 shares. Based on an average daily trading volume, of 433,200 shares, the days-to-cover ratio is presently 0.2 days.

Spearmint Resources Price Performance

Spearmint Resources stock traded down $0.00 during midday trading on Friday, reaching $0.01. The company’s stock had a trading volume of 217,296 shares, compared to its average volume of 163,520. Spearmint Resources has a fifty-two week low of $0.00 and a fifty-two week high of $0.02. The stock’s 50 day simple moving average is $0.02 and its 200 day simple moving average is $0.01.

About Spearmint Resources

Spearmint Resources Inc, an exploration stage company, engages in in the identification, acquisition, and exploration of mineral properties in Canada and the United States. The company explores for gold, platinum, lithium, palladium, copper, nickel, cesium, vanadium, and other mineral properties. It holds 100% interests in the McGee Lithium Clay Deposit, Elon Lithium Brine Project that covers an area of approximately 3,164 acres, and Green Clay Lithium Project that covers an area of approximately 2,004 acres located in Clayton Valley, Nevada.