Short Interest in Eskay Mining Corp. (OTCMKTS:ESKYF) Declines By 15.6%

Eskay Mining Corp. (OTCMKTS:ESKYF – Get Rating) was the recipient of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totalling 24,400 shares, a decrease of 15.6% from the June 30th total of 28,900 shares. Based on an average trading volume of 91,200 shares, the days-to-cover ratio is presently 0.3 days.

Analysts Set New Price Targets

Separately, Noble Financial began coverage on shares of Eskay Mining in a research note on Wednesday, July 20th. They issued an “outperform” rating and a C$2.90 price objective on the stock.

Eskay Mining Stock Down 2.4 %

Shares of OTCMKTS ESKYF opened at 1.65 on Friday. Eskay Mining has a 1 year low of 1.22 and a 1 year high of 2.93.

Eskay Mining Company Profile

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Eskay Mining Corp., a natural resource company, engages in the acquisition and exploration of mineral properties, and precious and base metal deposits in British Columbia, Canada. It holds 100% interests in the St. Andrew Goldfield project located at Eskay Creek; Volcanogenic Massive Sulphide project situated in the Golden Triangle; and Corey mineral claims located in the Skeena Mining division.