Is Buying BROADWAY GOLD MNG LTD ORDINARY SHARES C (OTCMKTS:BDWYF) Here Good Idea?

May 17, 2018 - By Mona Holcomb

The stock of BROADWAY GOLD MNG LTD ORDINARY SHARES C (OTCMKTS:BDWYF) registered a decrease of 13.15% in short interest. BDWYF’s total short interest was 63,400 shares in May as published by FINRA. Its down 13.15% from 73,000 shares, reported previously. With 10,100 shares average volume, it will take short sellers 6 days to cover their BDWYF’s short positions.

The stock increased 3.45% or $0.01 during the last trading session, reaching $0.15. About 9,000 shares traded. Broadway Gold Mining Ltd. (OTCMKTS:BDWYF) has 0.00% since May 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Broadway Gold Mining Ltd. engages in the exploration for mineral resources in Canada. The company has market cap of $4.80 million. It owns 100% interest in the Madison Gold and Copper Mine covering an area of 1,871 acres consisting of 61 unpatented federal mineral claims located in the Silver Star Mining District of southeast of Butte, Montana. It currently has negative earnings. The firm was formerly known as Carolina Capital Corp. and changed its name to Broadway Gold Mining Ltd. in October 2016.

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