What’s Next for FAR RESOURCES LTD ORD (OTCMKTS:FRRSF) After Having More Shares Shorted?

February 12, 2018 - By Richard Conner

The stock of FAR RESOURCES LTD ORD (OTCMKTS:FRRSF) registered an increase of 250% in short interest. FRRSF’s total short interest was 4,200 shares in February as published by FINRA. Its up 250% from 1,200 shares, reported previously.

The stock increased 11.56% or $0.049 during the last trading session, reaching $0.472. About 35,412 shares traded. Far Resources Ltd. (OTCMKTS:FRRSF) has 0.00% since February 12, 2017 and is . It has underperformed by 16.70% the S&P500.

Far Resources Ltd., an exploration company, engages in the acquisition, exploration, and development of mineral properties in Canada and the United States. The company has market cap of $43.31 million. The firm primarily explores for lithium, silver, and gold properties. It currently has negative earnings. The firm principally has an option agreement to earn a 100% interest in the Zoro I claim covering an area of approximately 52 hectares located in the Snow Lake area in Manitoba; and to acquire an 80% interest in the Winston property located in Sierra County, New Mexico, the United States.

More recent Far Resources Ltd. (OTCMKTS:FRRSF) news were published by: Stockhouse.com which released: “Far Resources Mobilizes Drill to its Zoro Lithium Property to Test Deeper …” on January 19, 2018. Also Juniorminingnetwork.com published the news titled: “92 Resources Signs Earn-In with Far Resources Ltd. for Interest in Hidden Lake …” on January 23, 2018. Juniorminingnetwork.com‘s news article titled: “Far Resources Northwest Territories Visit and Update on the Spin Out Procedure” with publication date: February 07, 2018 was also an interesting one.

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