PROPHECY DEV CORP COMMON SHARES (OTCMKTS:PRPCF) Reports Increase in Sellers; Strong Momentum for Short Players

Date: Jan 3, 2019

The stock of PROPHECY DEV CORP COMMON SHARES (OTCMKTS:PRPCF) registered an increase of 7.97% in short interest. PRPCF’s total short interest was 63,700 shares in January as published by FINRA. Its up 7.97% from 59,000 shares, reported previously. With 1.22 million shares average volume, it will take short sellers 0 days to cover their PRPCF’s short positions.

The stock decreased 3.20% or $0.0064 during the last trading session, reaching $0.1936. About 121,478 shares traded. Prophecy Development Corp. (OTCMKTS:PRPCF) has 0.00% since January 2, 2018 and is . It has by 0.00% the S&P500.

Prophecy Development Corp. engages in the exploration and development of mining properties and energy projects in Canada, Mongolia, and Bolivia. The company has market cap of $18.73 million. The firm primarily explores for coal, silver, lead, and zinc deposits. It currently has negative earnings. The Company’s principal properties comprise the Ulaan Ovoo Property covering an area of approximately 790 hectares located in Selenge province, Northern Mongolia; the Khavtgai Uul coal property that covers an area of approximately 1,636 hectares located in the southwest portion of the Nyalga coal basin, Mongolia; the Chandgana Tal property located in the northeast portion of the Nyalga coal basin, Mongolia; and the Pulacayo project consisting of various licenses located in south western Bolivia.

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