What’s Next for KERR MINES (OTCMKTS:KERMF) After Having Less Shares Shorted?

December 30, 2017 - By Michael Collier

The stock of KERR MINES (OTCMKTS:KERMF) registered a decrease of 49.6% in short interest. KERMF’s total short interest was 12,600 shares in December as published by FINRA. Its down 49.6% from 25,000 shares, reported previously. With 156,200 shares average volume, it will take short sellers 0 days to cover their KERMF’s short positions.

The stock decreased 4.94% or $0.0118 during the last trading session, reaching $0.2272. About 14,559 shares traded. Kerr Mines Inc. (OTCMKTS:KERMF) has 0.00% since December 30, 2016 and is . It has underperformed by 16.70% the S&P500.

Kerr Mines Inc. operates as a gold exploration and development firm in Canada and the United States. The company has market cap of $59.38 million. The Company’s flagship property is the Copperstone gold mine, which encompasses approximately 35.7 square kilometers of mineral rights in La Paz County, Arizona. It currently has negative earnings. The firm was formerly known as Armistice Resources Corp. and changed its name to Kerr Mines Inc. in January 2014.

More notable recent Kerr Mines Inc. (OTCMKTS:KERMF) news were published by: Prnewswire.com which released: “Kerr Mines confirms new mineralized ‘Footwall’ zone at Copperstone Project” on October 24, 2017, also Prnewswire.com with their article: “Kerr Mines Commences Underground Drilling at Copperstone Mine” published on September 11, 2017, Globenewswire.com published: “Kerr Mines Inc. Announces Closing of Previously Announced Restructuring and …” on September 22, 2016. More interesting news about Kerr Mines Inc. (OTCMKTS:KERMF) were released by: Prnewswire.com and their article: “Kerr Mines increases down dip extension of Copperstone D Zone with 60.5 feet …” published on December 05, 2017 as well as Prnewswire.com‘s news article titled: “Kerr Mines Announces US Stock Symbol Change” with publication date: May 31, 2017.

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