It Seems PROPHECY DEV CORP COMMON SHARES (OTCMKTS:PRPCF) Will Go Down. Just Reported More Shorted Shares

The stock of PROPHECY DEV CORP COMMON SHARES (OTCMKTS:PRPCF) registered an increase of 6.59% in short interest. PRPCF’s total short interest was 302,500 shares in April as published by FINRA. Its up 6.59% from 283,800 shares, reported previously. With 172,000 shares average volume, it will take short sellers 2 days to cover their PRPCF’s short positions.

The stock increased 5.29% or $0.0089 during the last trading session, reaching $0.1772. About 51,574 shares traded. Prophecy Development Corp. (OTCMKTS:PRPCF) has 0.00% since April 28, 2018 and is . It has underperformed by 4.37% 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 $16.45 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.

More notable recent Prophecy Development Corp. (OTCMKTS:PRPCF) news were published by: which released: “Ride The Vanadium Wave After Lithium – Seeking Alpha” on December 19, 2016, also with their article: “Nevada Mining Rush Is Back On And It’s Not Gold! – Seeking Alpha” published on November 02, 2018, published: “The Vanadium Bull And One Vanadium Stock That Few Talk About – Seeking Alpha” on August 02, 2017. More interesting news about Prophecy Development Corp. (OTCMKTS:PRPCF) were released by: and their article: “Prophecy Coal: A Mongolian Energy Power Play – Seeking Alpha” published on March 15, 2012 as well as‘s news article titled: “Element V: The Most Important Commodity You’ve Never Heard of – PR Newswire” with publication date: October 19, 2018.

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