Short Interest Watching: Could DYNARESOURCE INCORPORATED (OTCMKTS:DYNR) Skyrocket? The Stock Has Too Many Sellers

December 1, 2016 - By Louis Casey   ·   0 Comments

Short Interest Watching: Could DYNARESOURCE INCORPORATED (OTCMKTS:DYNR) Skyrocket? The Stock Has Too Many Sellers

The stock of DYNARESOURCE INCORPORATED (OTCMKTS:DYNR) registered an increase of 180% in short interest. DYNR’s total short interest was 1,400 shares in December as published by FINRA. Its up 180% from 500 shares, reported previously. With 1,500 shares average volume, it will take short sellers 1 days to cover their DYNR’s short positions. About 4,815 shares traded hands or 369.76% up from the average. Dynaresource Inc (OTCMKTS:DYNR) has declined 10.34% since April 28, 2016 and is downtrending. It has underperformed by 16.27% the S&P500.

DynaResource, Inc. is a minerals investment, management and exploration company. The company has a market cap of $25.92 million. The Firm is engaged in the business of exploration and development of resource properties. It currently has negative earnings. The Firm operates through Mexico segment.

DYNR Company Profile

DynaResource, Inc., incorporated on December 8, 1997, is a minerals investment, management and exploration company. The Firm is engaged in the business of exploration and development of resource properties. The Firm operates through Mexico segment. The Firm conducts test mining and pilot milling activities through an operating subsidiary in Mexico, with focus on precious and base metals in Mexico. The Firm owns interests in DynaResource de Mexico, S.A. de C.V. (DynaMexico). DynaMexico owns mining concessions, equipment, camp and related facilities, which include the San Jose de Gracia Property (SJG District), in northern Sinaloa State, Mexico. The mining concessions, which include the SJG District, cover around approximately 69,120 hectares on the west side of the Sierra Madre mountain range. The Firm also owns Mineras de DynaResource S.A. de C.V. (DynaMineras), the operating entity of the San Jose de Gracia Project, under contract with DynaMexico. DynaMexico holds title to over 30 concessions. It conducts its exploration activities as sole operator and its core property is San Jose de Gracia.

More notable recent Dynaresource Inc (OTCMKTS:DYNR) news were published by: Marketwired.com which released: “DynaResource, Inc. Reports the Awarding of $48 M USD in Damages to …” on October 13, 2015, also Marketwired.com with their article: “DynaResource, Inc. Reports February 2016 Gold Production and Results of …” published on March 04, 2016, Marketwired.com published: “DynaResource, Inc. Reports October 2016 Gold Production and Results of …” on November 09, 2016. More interesting news about Dynaresource Inc (OTCMKTS:DYNR) were released by: Marketwired.com and their article: “DynaResource, Inc. Appoints Mr. David S. Hall, CPA to the Position of …” published on January 29, 2014 as well as News.Sys-Con.com‘s news article titled: “DynaResource, Inc. Reports September 2016 Gold Production and Results of …” with publication date: October 19, 2016.

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By Louis Casey


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