G Mining Ventures Corp. (OTCMKTS:GMINF) Sees Significant Growth in Short Interest

G Mining Ventures Corp. (OTCMKTS:GMINF) was the target of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 629,900 shares, a growth of 27.1% from the March 31st total of 495,400 shares. Based on an average daily trading volume, of 76,300 shares, the short-interest ratio is presently 8.3 days.

G Mining Ventures Price Performance

G Mining Ventures stock remained flat at C$1.57 during midday trading on Tuesday. 20,273 shares of the company were exchanged, compared to its average volume of 26,191. G Mining Ventures has a 12 month low of C$0.78 and a 12 month high of C$1.80. The company’s 50 day simple moving average is C$1.50 and its 200 day simple moving average is C$1.23.

About G Mining Ventures

G Mining Ventures Corp. engages in the acquisition, exploration, evaluation, and development of mineral properties. Its flagship project is the Tocantinzinho gold project that includes two mining concessions covering an area of 12,889 hectares, 23 exploration licenses covering an area of 76,116 hectares, and two applications for exploration licenses covering an area of 10,569 hectares located in Pará State, Brazil.