Evolution Mining Limited (OTCMKTS:CAHPF) Sees Significant Decline in Short Interest

Evolution Mining Limited (OTCMKTS:CAHPF) was the target of a large decline in short interest in the month of June. As of June 15th, there was short interest totalling 2,842,100 shares, a decline of 18.3% from the May 31st total of 3,479,100 shares. Based on an average daily volume of 28,700 shares, the days-to-cover ratio is currently 99.0 days.

Evolution Mining Price Performance

CAHPF opened at $2.29 on Tuesday. Evolution Mining has a 1 year low of $1.86 and a 1 year high of $2.81. The firm has a 50 day moving average price of $2.50 and a 200 day moving average price of $2.35.

About Evolution Mining

Evolution Mining Limited engages in the exploration, mine development and operation, and sale of gold and gold-copper concentrates in Australia and Canada. The company also explores for copper and silver deposits. It owns and operates mines, including Cowal in New South Wales; Ernest Henry and Mt Rawdon in Queensland; Mungari in Western Australia; and Red Lake in Ontario, Canada.