EASTMAIN RESOURCES INCORPORATED (OTCMKTS:EANRF) on Focus After Report of More Shorts

January 18, 2018 - By Louis Casey

The stock of EASTMAIN RESOURCES INCORPORATED (OTCMKTS:EANRF) registered an increase of 0.5% in short interest. EANRF’s total short interest was 1.23 million shares in January as published by FINRA. Its up 0.5% from 1.23M shares, reported previously. With 145,400 shares average volume, it will take short sellers 9 days to cover their EANRF’s short positions.

The stock increased 3.19% or $0.0079 during the last trading session, reaching $0.2559. About shares traded. Eastmain Resources Inc. (OTCMKTS:EANRF) has 0.00% since January 18, 2017 and is . It has underperformed by 16.70% the S&P500.

Eastmain Resources Inc., together with its subsidiary, Eastmain Mines Inc., engages in the acquisition and exploration of metallic mineral resource properties in Canada. The company has market cap of $50.76 million. The firm explores for gold, silver, and copper deposits. It currently has negative earnings. The Company’s flagship property is the Clearwater project that covers an area of 200.68 square kilometers that hosts the Eau Claire gold deposit located in the central portion of the Eastmain River Greenstone Belt within the James Bay Mining District of Québec.

More notable recent Eastmain Resources Inc. (OTCMKTS:EANRF) news were published by: Seekingalpha.com which released: “Eastmain Resources Is A Hold” on July 02, 2017, also Marketwired.com with their article: “Eastmain Resources Inc. Corporate Update” published on October 14, 2015, Seekingalpha.com published: “Eastmain Resources: Undervalued Gold Small Cap” on January 15, 2017. More interesting news about Eastmain Resources Inc. (OTCMKTS:EANRF) were released by: Marketwired.com and their article: “Integra Gold Corp. Announces Strategic Investment in Eastmain Resources Inc.” published on April 08, 2016 as well as Marketwired.com‘s news article titled: “Eastmain Resources Inc. Announces C$9 Million Bought Deal Private Placement” with publication date: May 17, 2017.

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