Today’s Short Interest Alert: Is BANNERMAN RESOURCES (OTCMKTS:BNNLF) a Buy? The Stock Reported more Sellers

November 28, 2016 - By Hazel Jackson   ·   0 Comments

Today's Short Interest Alert: Is BANNERMAN RESOURCES (OTCMKTS:BNNLF) a Buy? The Stock Reported more Sellers

The stock of BANNERMAN RESOURCES (OTCMKTS:BNNLF) registered an increase of 62.46% in short interest. BNNLF’s total short interest was 46,300 shares in November as published by FINRA. Its up 62.46% from 28,500 shares, reported previously. With 56,900 shares average volume, it will take short sellers 1 days to cover their BNNLF’s short positions. The stock closed at $0.0231 during the last session. It is down 50.00% since April 25, 2016 and is downtrending. It has underperformed by 56.01% the S&P500.

Bannerman Resources Limited is an exploration and development firm focused on uranium resources in southern Africa. The company has a market cap of $13.64 million. The Firm holds uranium interests in Namibia. It currently has negative earnings. The Company’s principal asset is its 100%-owned Etango Project situated near Rio Tinto’s Rossing uranium mine.

BNNLF Company Profile

Bannerman Resources Limited, incorporated on February 18, 2005, is an exploration and development firm focused on uranium resources in southern Africa. The Firm holds uranium interests in Namibia. The Company’s principal asset is its 100%-owned Etango Project situated near Rio Tinto’s Rossing uranium mine. Etango is an undeveloped uranium deposit. The Firm is focused on the development of a large open pit uranium operation at Etango.

More notable recent Bannerman Resources Limited (OTCMKTS:BNNLF) news were published by: Marketwired.com which released: “Bannerman Resources Limited: De-Listing From TSX” on May 11, 2016, also Marketwired.com with their article: “Bannerman Resources Limited: Corporate Update” published on October 28, 2015, Marketwired.com published: “Bannerman Resources Limited: Outstanding DFS Optimisation Study Results” on November 11, 2015. More interesting news about Bannerman Resources Limited (OTCMKTS:BNNLF) were released by: Marketwired.com and their article: “Bannerman Resources Limited: Intention to Voluntarily De-List from TSX” published on April 27, 2016 as well as Reuters.com‘s news article titled: “BRIEF-Bannerman Resources Ltd seeks trading halt” with publication date: August 26, 2013.

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By Hazel Jackson


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