Short Interest in Liberty Silver Corp. (OTCMKTS:BHLL) Decreases By 47.1%

by · The Markets Daily

Liberty Silver Corp. (OTCMKTS:BHLL – Get Free Report) was the recipient of a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 53,972 shares, a drop of 47.1% from the May 14th total of 101,960 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 70,528 shares, the days-to-cover ratio is currently 0.8 days.

Liberty Silver Price Performance

Shares of BHLL stock opened at $4.04 on Friday. The company has a quick ratio of 1.52, a current ratio of 1.54 and a debt-to-equity ratio of 4.71. Liberty Silver has a 12 month low of $2.59 and a 12 month high of $8.75. The firm has a market cap of $185.44 million, a price-to-earnings ratio of -3.16 and a beta of 1.17. The stock has a 50-day moving average price of $4.22 and a 200 day moving average price of $5.14.

Liberty Silver (OTCMKTS:BHLL – Get Free Report) last issued its earnings results on Thursday, May 7th. The company reported $999.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.29) by $999.29. Research analysts expect that Liberty Silver will post -0.19 EPS for the current year.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded Liberty Silver to a “hold” rating in a research report on Tuesday, April 7th. One research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy”.

Read Our Latest Research Report on Liberty Silver

Liberty Silver Company Profile

(Get Free Report)

Liberty Silver Corp. is a mineral exploration company focused on the acquisition, exploration and development of silver and associated base metal properties. The company’s core business activity centers on identifying high-potential silver and cobalt projects in the Americas and advancing those properties through systematic drilling, resource definition and permitting efforts. Liberty Silver seeks to leverage emerging market demand for silver in renewable energy and industrial applications.

The company holds interests in several early to advanced-stage exploration projects.

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