Base Resources Limited (OTCMKTS:BSRUF) Short Interest Up 382.6% in March

Base Resources Limited (OTCMKTS:BSRUF) was the recipient of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 11,100 shares, an increase of 382.6% from the February 29th total of 2,300 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Base Resources Price Performance

Shares of OTCMKTS BSRUF opened at 0.05 on Friday. The firm has a fifty day simple moving average of 0.10 and a 200 day simple moving average of 0.10. Base Resources has a twelve month low of 0.05 and a twelve month high of 0.18.

About Base Resources

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.