What’s Ahead for ALACER GOLD CORP ORDINARY SHARES (OTCMKTS:ALIAF) After Less Shorted Shares?

June 17, 2018 - By Peter Erickson

The stock of ALACER GOLD CORP ORDINARY SHARES (OTCMKTS:ALIAF) registered a decrease of 28.56% in short interest. ALIAF’s total short interest was 1.01M shares in June as published by FINRA. Its down 28.56% from 1.41 million shares, reported previously. With 9,400 shares average volume, it will take short sellers 107 days to cover their ALIAF’s short positions. The short interest to ALACER GOLD CORP ORDINARY SHARES’s float is 0.35%.

The stock increased 2.13% or $0.04 during the last trading session, reaching $1.92. About 102 shares traded. Alacer Gold Corp. (OTCMKTS:ALIAF) has 0.00% since June 17, 2017 and is . It has underperformed by 12.57% the S&P500.

Alacer Gold Corp., an intermediate gold mining company, engages in the mining, development, and exploration of mineral deposits in Turkey. The company has market cap of $571.74 million. It primarily holds an 80% interest in the Çpler gold mine that is located in the Erzincan Province, east-central Turkey. It has a 5.66 P/E ratio.

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