Silver Bull Resources, Inc. (OTCMKTS:SVBL) Short Interest Down 56.3% in June

Silver Bull Resources, Inc. (OTCMKTS:SVBL) was the target of a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 28,585 shares, a decline of 56.3% from the June 15th total of 65,422 shares. Based on an average daily trading volume, of 120,084 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are sold short.

Silver Bull Resources Price Performance

Shares of SVBL opened at $0.10 on Wednesday. The firm has a market capitalization of $4.54 million, a PE ratio of -0.33 and a beta of 1.91. Silver Bull Resources has a 1-year low of $0.05 and a 1-year high of $0.61. The company’s fifty day moving average price is $0.23 and its 200-day moving average price is $0.24.

About Silver Bull Resources

Silver Bull Resources Inc is a mineral exploration and development company focused on silver and associated base metals. The company’s core asset is the Sierra Mojada project, an advanced‐stage silver–lead–zinc deposit located in Coahuila State, Mexico. Sierra Mojada hosts both high‐grade massive sulphide zones and broader, lower‐grade mineralization, making it one of the largest undeveloped silver resources in North America.

At Sierra Mojada, Silver Bull has completed extensive drilling programs and preliminary economic studies under Canadian National Instrument 43-101 standards.