Gold Road Resources Limited (OTCMKTS:ELKMF) Short Interest Up 11.2% in September

Gold Road Resources Limited (OTCMKTS:ELKMFGet Free Report) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totalling 513,800 shares, a growth of 11.2% from the September 15th total of 462,000 shares. Based on an average trading volume of 900 shares, the short-interest ratio is presently 570.9 days.

Gold Road Resources Stock Performance

Shares of OTCMKTS ELKMF traded down $0.02 during mid-day trading on Tuesday, reaching $1.18. 300 shares of the company’s stock were exchanged, compared to its average volume of 7,290. The company’s 50-day moving average is $1.14 and its 200-day moving average is $1.12. Gold Road Resources has a 52-week low of $0.95 and a 52-week high of $1.30.

About Gold Road Resources

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Gold Road Resources Limited, together with its subsidiaries, engages in the exploration of gold properties in Western Australia. It owns 50% interest in the Gruyere gold mine located in north-east of Perth. The company was formerly known as Eleckra Mines Limited and changed its name to Gold Road Resources Limited in November 2010.

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