What’s PACTON GOLD INC COMMON SHARES (OTCMKTS:PACXF) Upside After This Short Interest Increase?

August 9, 2018 - By Pearl Odom

The stock of PACTON GOLD INC COMMON SHARES (OTCMKTS:PACXF) registered an increase of 2456.25% in short interest. PACXF’s total short interest was 40,900 shares in August as published by FINRA. Its up 2456.25% from 1,600 shares, reported previously. With 110,700 shares average volume, it will take short sellers 0 days to cover their PACXF’s short positions.

The stock increased 0.70% or $0.0036 during the last trading session, reaching $0.5147. About shares traded. Pacton Gold Inc. (OTCMKTS:PACXF) has 0.00% since August 9, 2017 and is . It has underperformed by 12.57% the S&P500.

Pacton Gold Inc., a junior exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada and the United States. The company has market cap of $49.34 million. It explores for gold, uranium, and lithium. It currently has negative earnings. It has option agreements to own a 100% interest in the Tully West Gold Property located west of the Tully/Timmins North Gold Deposit in Ontario; and interests in mineral claims located in the Red Lake Mining District in Ontario, as well as the Birch Gold Property located in Ontario; Lincoln Property, a lithium project in Nevada; and Uchi Gold Property located in Ontario.

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