SUTTER GOLD MINING INC ORDINARY SHARES (OTCMKTS:SGMNF) Can’t Be More Risky. Short Interest Increased

The stock of SUTTER GOLD MINING INC ORDINARY SHARES (OTCMKTS:SGMNF) registered an increase of 227.85% in short interest. SGMNF’s total short interest was 25,900 shares in December as published by FINRA. Its up 227.85% from 7,900 shares, reported previously. With 28,400 shares average volume, it will take short sellers 1 days to cover their SGMNF’s short positions.

The stock increased 78.87% or $0.0056 during the last trading session, reaching $0.0127. About 30,000 shares traded or 38.88% up from the average. Sutter Gold Mining Inc. (OTCMKTS:SGMNF) has 0.00% since December 2, 2017 and is . It has underperformed by 15.62% the S&P500.

Sutter Gold Mining Inc., a resource company, explores for, develops, and produces mineral properties in the United States and Mexico. The company has market cap of $1.45 million. The firm primarily explores for gold deposits. It currently has negative earnings. The Company’s primary asset is the Lincoln Mine project that covers 711 acre block of surface and mineral rights located to the southeast of Sacramento, California.

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