Mayfair Gold Corp. (NYSEAMERICAN:MINE) Sees Large Drop in Short Interest

Mayfair Gold Corp. (NYSEAMERICAN:MINE) was the target of a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 25,324 shares, a decline of 36.4% from the April 30th total of 39,796 shares. Based on an average daily volume of 31,299 shares, the days-to-cover ratio is presently 0.8 days.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded Mayfair Gold to a “hold” rating in a research report on Friday, February 20th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock has an average rating of “Hold”.

Mayfair Gold Price Performance

NYSEAMERICAN:MINE opened at $2.95 on Wednesday. Mayfair Gold has a twelve month low of $2.00 and a twelve month high of $4.88. The business’s 50 day moving average price is $3.04.