Signal Gold Inc. (OTCMKTS:SGNLF) Sees Large Drop in Short Interest

Signal Gold Inc. (OTCMKTS:SGNLF) was the recipient of a significant decline in short interest in the month of November. As of November 15th, there was short interest totalling 26,300 shares, a decline of 65.3% from the October 31st total of 75,700 shares. Based on an average trading volume of 80,800 shares, the short-interest ratio is presently 0.3 days.

Signal Gold Stock Performance

OTCMKTS:SGNLF traded down C$0.00 on Wednesday, hitting C$0.05. 2,500 shares of the stock were exchanged, compared to its average volume of 33,962. Signal Gold has a fifty-two week low of C$0.05 and a fifty-two week high of C$0.12. The stock has a fifty day moving average of C$0.06 and a 200-day moving average of C$0.07.

About Signal Gold

Signal Gold Inc operates as a gold development and exploration company in Canada. The company holds a 100% interest in the Goldboro Gold project covering an area of 27, 200 hectares situated to the 175 kilometers northeast of Halifax, Nova Scotia. It also owns a Tilt Cove Gold and copper project that covers an area of approximately 19, 450 hectares located within the Baie Verte Mining District, Newfoundland.