Base Resources Limited (OTCMKTS:BSRUF) Short Interest Down 40.4% in June

by · The Cerbat Gem

Base Resources Limited (OTCMKTS:BSRUF – Get Free Report) was the target of a significant drop in short interest in the month of June. As of June 15th, there was short interest totalling 9,300 shares, a drop of 40.4% from the May 31st total of 15,600 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is currently 46.5 days.

Base Resources Price Performance

OTCMKTS:BSRUF remained flat at 0.16 during trading hours on Friday. The stock’s fifty day simple moving average is 0.18 and its 200 day simple moving average is 0.13. Base Resources has a 1-year low of 0.05 and a 1-year high of 0.21.

About Base Resources

(Get Free Report)

Base Resources Limited operates as mineral sand developer and producer in Africa. It operates through Kwale Operation, Toliara Project, and Other segments. The company produces mineral sands, such as rutile, ilmenite, and zircon. It primarily owns a 100% interest in the Kwale Mineral Sands project located in Kenya; and develops the Toliara project located in Madagascar.

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