PANORAMIC RESOURCES LTD ORDINARY SHARES (OTCMKTS:PANRF) Has Increase in Shorts

August 9, 2018 - By Victoria Pittman

Panoramic Resources Limited (OTCMKTS:PANRF) Logo

The stock of PANORAMIC RESOURCES LTD ORDINARY SHARES (OTCMKTS:PANRF) registered an increase of 725% in short interest. PANRF’s total short interest was 16,500 shares in August as published by FINRA. Its up 725% from 2,000 shares, reported previously. With 6,400 shares average volume, it will take short sellers 3 days to cover their PANRF’s short positions.

It closed at $0.4 lastly. It is down 0.00% since August 9, 2017 and is . It has underperformed by 12.57% the S&P500.

Panoramic Resources Limited engages in the exploration, evaluation, and development of mineral properties. The company has market cap of $197.56 million. It operates through five divisions: Nickel, Gold, Platinum Group Metals, Australian Exploration, and Overseas Exploration. It currently has negative earnings. It holds interests in the Savannah Nickel project, Lanfranchi Nickel project, and Copernicus Nickel project in Western Australia; and Gum Creek Gold project located to the northeast of Perth, Western Australia.

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