What’s Ahead for GUNGNIR RESOURCES INC ORDINARY SHARES (OTCMKTS:ASWRF) After Less Shorted Shares?

June 19, 2018 - By Clifton Ray

The stock of GUNGNIR RESOURCES INC ORDINARY SHARES (OTCMKTS:ASWRF) registered a decrease of 5.26% in short interest. ASWRF’s total short interest was 18,000 shares in June as published by FINRA. Its down 5.26% from 19,000 shares, reported previously. With 22,100 shares average volume, it will take short sellers 1 days to cover their ASWRF’s short positions. The short interest to GUNGNIR RESOURCES INC ORDINARY SHARES’s float is 0.03%.

The stock increased 17.67% or $0.0159 during the last trading session, reaching $0.1059. About shares traded. Gungnir Resources Inc. (OTCMKTS:ASWRF) has 0.00% since June 19, 2017 and is . It has underperformed by 12.57% the S&P500.

Gungnir Resources Inc., a junior mineral exploration company, acquires, evaluates, and explores mineral properties in Canada and Sweden. The company has market cap of $6.87 million. It primarily explores for gold and base metals. It has a 15.13 P/E ratio. The firm holds a 100% interest in the Nordanas and Knaften gold exploration projects covering an area of 78.5 square kilometers in the Skellefte Mining District of northern Sweden; and the Rormyrberget and Lappvattnet nickel deposits covering an area of 471.3 hectares in the Vasterbotten District of northern Sweden.

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