Pan African Resources PLC (OTCMKTS:PAFRF) Short Interest Down 99.8% in March

Pan African Resources PLC (OTCMKTS:PAFRF) was the recipient of a large drop in short interest in March. As of March 15th, there was short interest totalling 600 shares, a drop of 99.8% from the February 28th total of 311,400 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Pan African Resources Price Performance

Pan African Resources stock opened at $0.54 on Friday. Pan African Resources has a 52 week low of $0.41 and a 52 week high of $0.56. The stock has a fifty day moving average of $0.44 and a 200-day moving average of $0.40.

Pan African Resources Company Profile

Pan African Resources PLC engages in the mining, extraction, production, and sale of gold in South Africa. The company’s flagship projects include the Barberton Mines that consists of three underground mines, including Fairview, Sheba, and Consort located in the Barberton Greenstone Belt; and Elikhulu tailings retreatment plant in Southern Africa.