Short Interest Alert: Could CORAL GOLD RESOURCES NEW (OTCMKTS:CLHRF) Change Direction After Less Shorts?

November 29, 2016 - By Hazel Jackson   ·   0 Comments

Short Interest Alert: Could CORAL GOLD RESOURCES NEW (OTCMKTS:CLHRF) Change Direction After Less Shorts?

The stock of CORAL GOLD RESOURCES NEW (OTCMKTS:CLHRF) registered a decrease of 36.67% in short interest. CLHRF’s total short interest was 1,900 shares in November as published by FINRA. Its down 36.67% from 3,000 shares, reported previously. With 6,700 shares average volume, it will take short sellers 0 days to cover their CLHRF’s short positions. The stock last traded at $0.222 per share. It is down 144.44% since April 26, 2016 and is uptrending. It has outperformed by 139.18% the S&P500.

Coral Gold Resources Ltd. is an exploration-stage company. The company has a market cap of $11.71 million. The Company’s principal business activities are the acquisition, exploration and development of mineral properties. It has a 671.52 P/E ratio. It operates through mineral exploration and development activities segment.

CLHRF Company Profile

Coral Gold Resources Ltd. (Coral), incorporated on January 22, 1981, is an exploration-stage company. The Company’s principal business activities are the acquisition, exploration and development of mineral properties. The Firm operates through mineral exploration and development activities segment. The Company’s principal exploration activities are focused on the Robertson mining claims located in Crescent Valley, Nevada. The Company’s properties include Robertson Property and Gold Ridge Property. The Company’s Robertson property is an advanced-stage exploration project located along the Battle Mountain/Cortez Gold trend in north-central Nevada. The Gold Ridge Property consists of approximately 100 claims covering over 2.5 square miles and is adjacent to the western side of the Robertson claim block located in North Central Nevada on the Cortez Gold Trend. It has completed over three vertical diamond core holes, RGR-0001D through RGR-0003D, to depths of between 955 meters and 1,255 meters, for a total of approximately 3,190 meters.

More notable recent Coral Gold Resources Ltd. (USA) (OTCMKTS:CLHRF) news were published by: Business.Financialpost.com which released: “Barrick Gold Corp quits Nevada mining project citing budget constraints” on May 15, 2015, also Prnewswire.com with their article: “Lithium Sets Itself Apart In Mining Sector As Lithium Production Surges on …” published on April 21, 2016, Wsj.com published: “Coastal Communities Fight to Slow Seaports Surge” on May 13, 2016. More interesting news about Coral Gold Resources Ltd. (USA) (OTCMKTS:CLHRF) were released by: Miamiherald.com and their article: “Another banner season for Miami Country Day cross-country” published on November 27, 2016 as well as Theguardian.com‘s news article titled: “Drowned world: welcome to Europe’s first undersea sculpture museum” with publication date: February 02, 2016.

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By Hazel Jackson


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