A Reversal for MINERAL RESOURCES (OTCMKTS:MALRF) Is Not Near. The Stock Has Rise in Shorts

February 15, 2018 - By Vivian Currie

The stock of MINERAL RESOURCES (OTCMKTS:MALRF) registered an increase of 50% in short interest. MALRF’s total short interest was 6,000 shares in February as published by FINRA. Its up 50% from 4,000 shares, reported previously. With 400 shares average volume, it will take short sellers 15 days to cover their MALRF’s short positions.

It closed at $15.1 lastly. It is down 0.00% since February 15, 2017 and is . It has underperformed by 16.70% the S&P500.

Mineral Resources Limited operates as a mining services and processing firm in Australia, China, Singapore, and internationally. The company has market cap of $2.91 billion. It operates through three divisions: Mining Services & Processing, Mining, and Central. It has a 17.44 P/E ratio. The firm offers contract crushing, screening, and processing services on build-own-operate or build-operate basis for mining companies; mine services, such as materials handling, plant and equipment hire and maintenance, tails recovery, and aggregate crushing; and design, engineering, and construction services in the resources sector.

More notable recent Mineral Resources Limited (OTCMKTS:MALRF) news were published by: Globenewswire.com which released: “LSC Lithium Announces Large Rio Grande Mineral Resource In the Inferred …” on February 15, 2018, also Globenewswire.com with their article: “Harte Gold Triples Mineral Resource At The Sugar Zone Project” published on February 15, 2018, Reuters.com published: “Australia’s AWE serves Mineral Resources notice to match Mitsui offer” on January 31, 2018. More interesting news about Mineral Resources Limited (OTCMKTS:MALRF) were released by: Prnewswire.com and their article: “Mineral Resources and Mineral Reserves Development, 2017” published on February 14, 2018 as well as Globenewswire.com‘s news article titled: “Midas Gold Updates Mineral Resources for the Stibnite Gold Project, Idaho” with publication date: February 15, 2018.

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