Pan African Resources PLC (OTCMKTS:PAFRF) Short interest fell 99.0% in August

Pan African Resources PLC (OTCMKTS:PAFRF – Get Free Report ) received a significant decrease in short interest during the month of August. As of August 15th, there was short interest totaling 200 shares, a decrease of 99.0% from July 31st’s total of 20,500 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 2.0 days.

Pan-African resource trading down 3.0%

Shares of PAFRF stock opened at $0.40 on Thursday. Pan African Resources has a 12 month low of $0.18 and a 12 month high of $0.41. The stock has a 50-day moving average price of $0.36 and a 200-day moving average price of $0.30.

Pan African Resources Company Profile

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Pan African Resources PLC is engaged in the mining, extraction, production and sale of gold in South Africa. The company’s flagship projects include the Barberton Mines, which consists of three underground mines including Fairview, Sheba and Consort located in the Barberton Greenstone Belt; and the Elikhulu tailings reprocessing plant in South Africa.

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