BANNERMAN RESOURCES (OTCMKTS:BNNLF) Reports Decline in Sellers; Strong Momentum for Longs

September 17, 2017 - By Louis Casey

The stock of BANNERMAN RESOURCES (OTCMKTS:BNNLF) registered a decrease of 80.84% in short interest. BNNLF’s total short interest was 3,200 shares in September as published by FINRA. Its down 80.84% from 16,700 shares, reported previously. With 29,900 shares average volume, it will take short sellers 0 days to cover their BNNLF’s short positions.

The stock increased 3.93% or $0.0011 on September 15, reaching $0.0291. About 70,300 shares traded or 441.64% up from the average. Bannerman Resources Limited (OTCMKTS:BNNLF) has 0.00% since September 17, 2016 and is . It has underperformed by 16.70% the S&P500.

Bannerman Resources Limited is an exploration and development firm focused on uranium resources in southern Africa. The company has market cap of $24.78 million. The Firm holds uranium interests in Namibia. It currently has negative earnings. The Company’s principal asset is its 100%-owned Etango Project situated near Rio Tinto’s Rossing uranium mine.

More notable recent Bannerman Resources Limited (OTCMKTS:BNNLF) news were published by: Marketwired.com which released: “Bannerman Resources Limited: De-Listing From TSX” on May 11, 2016, also Marketwired.com with their article: “Bannerman Resources Limited: Corporate Update” published on October 28, 2015, Seekingalpha.com published: “Bannerman Resources: This Microcap Provides The Most Leverage For A Uranium …” on January 11, 2017. More interesting news about Bannerman Resources Limited (OTCMKTS:BNNLF) were released by: Marketwired.com and their article: “Bannerman Resources Limited: Intention to Voluntarily De-List from TSX” published on April 27, 2016 as well as Marketwatch.com‘s news article titled: “0.028” with publication date: May 01, 2011.

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