Probe Gold Inc. (OTCMKTS:PROBF) Sees Large Decline in Short Interest

Probe Gold Inc. (OTCMKTS:PROBF) was the target of a large drop in short interest in February. As of February 15th, there was short interest totalling 50,700 shares, a drop of 21.2% from the January 31st total of 64,300 shares. Based on an average daily volume of 132,100 shares, the short-interest ratio is presently 0.4 days.

Probe Gold Stock Down 0.8 %

PROBF traded down $0.01 during trading on Tuesday, hitting $1.23. The company’s stock had a trading volume of 52,828 shares, compared to its average volume of 44,051. Probe Gold has a one year low of $0.71 and a one year high of $1.43. The business’s 50 day simple moving average is $1.30 and its 200-day simple moving average is $1.20.

About Probe Gold

Probe Gold Inc, a precious metal exploration company, engages in the acquisition, exploration, and development of gold properties in Canada. Its flagship asset is its 100%-owned Novador property comprising 436 square kilometers, which includes the Monique, Pascalis, and Courvan trends and their deposits located in the city of Val-d’Or, Quebec.