What Next for GUYANA GOLDFIELDS INC NEW ORDINARY SHARE (OTCMKTS:GUYFF) Stock After Decrease in Shorted Shares?

Guyana Goldfields Inc. (OTCMKTS:GUYFF) Logo

The stock of GUYANA GOLDFIELDS INC NEW ORDINARY SHARE (OTCMKTS:GUYFF) registered a decrease of 8.95% in short interest. GUYFF’s total short interest was 1.84M shares in May as published by FINRA. Its down 8.95% from 2.02M shares, reported previously. With 135,200 shares average volume, it will take short sellers 14 days to cover their GUYFF’s short positions.

The stock increased 2.66% or $0.017 during the last trading session, reaching $0.656. About 12,772 shares traded. Guyana Goldfields Inc. (OTCMKTS:GUYFF) has 0.00% since May 31, 2018 and is . It has underperformed by 4.37% the S&P500.

Guyana Goldfields Inc. engages in the investment, acquisition, exploration, development, and operation of gold properties in Guyana, South America. The company has market cap of $113.47 million. It primarily owns a 100% interest in the Aurora gold project located in Guyana. It currently has negative earnings. The firm also holds a contiguous 216,995 acre land package located in the Aranka district of Guyana.

More notable recent Guyana Goldfields Inc. (OTCMKTS:GUYFF) news were published by: Seekingalpha.com which released: “The Race For SolGold Is Heating Up – Seeking Alpha” on December 29, 2018, also Seekingalpha.com with their article: “Guyana Goldfields: Q2 Miss Tests Investors’ Patience – Seeking Alpha” published on July 17, 2018, Seekingalpha.com published: “Guyana Goldfields: Slated For 50% Production Growth In 2018 – Seeking Alpha” on February 08, 2017. More interesting news about Guyana Goldfields Inc. (OTCMKTS:GUYFF) were released by: Seekingalpha.com and their article: “Marathon Gold: Still A Takeover Target? – Seeking Alpha” published on January 24, 2019 as well as Seekingalpha.com‘s news article titled: “Guyana Goldfields: Valuation Of Two Mining Models – Seeking Alpha” with publication date: December 19, 2014.

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