Minco Capital Corp. (OTCMKTS:MGHCF – Get Rating) was the target of a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 122,500 shares, an increase of 38.6% from the November 30th total of 88,400 shares. Based on an average daily volume of 37,500 shares, the days-to-cover ratio is presently 3.3 days.
Minco Capital Stock Up 3.9 %
Minco Capital stock opened at $0.04 on Monday. The business has a 50-day simple moving average of $0.03 and a two-hundred day simple moving average of $0.04. The company has a market cap of $1.66 million, a P/E ratio of -0.53 and a beta of 1.68. Minco Capital has a 52-week low of $0.02 and a 52-week high of $0.07.
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Minco Capital Corp. operates as an investment company. It invests in public and private companies and assets, as well as indirect and direct ownership stakes in resource projects. The company was formerly known as Minco Gold Corporation and changed its name to Minco Capital Corp. in February 2019. Minco Capital Corp.Further Reading
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