Lomiko Metals Inc. (OTCMKTS:LMRMF) Short Interest Up 217.8% in May

Lomiko Metals Inc. (OTCMKTS:LMRMF) saw a large increase in short interest in May. As of May 15th, there was short interest totaling 28,428 shares, an increase of 217.8% from the April 30th total of 8,945 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 50,799 shares, the short-interest ratio is presently 0.6 days.

Lomiko Metals Price Performance

Shares of Lomiko Metals stock opened at $0.05 on Friday. The stock has a market cap of $4.37 million, a price-to-earnings ratio of -0.91 and a beta of 1.15. The firm’s 50-day moving average is $0.06 and its 200 day moving average is $0.08. Lomiko Metals has a 1 year low of $0.03 and a 1 year high of $0.19.

Lomiko Metals (OTCMKTS:LMRMF) last announced its quarterly earnings results on Tuesday, March 31st. The company reported ($0.01) earnings per share (EPS) for the quarter.

Lomiko Metals Company Profile

Lomiko Metals Inc is a Canada?based junior mineral exploration company focused on the discovery and development of battery?critical materials. Trading on the OTC Markets under the symbol LMRMF, the company targets commodities that support the growing global demand for clean energy and electrification. Lomiko’s strategy centers on advancing early?stage projects through systematic exploration, technical studies and partnerships with academic and industrial collaborators.

At the core of Lomiko’s portfolio is the Quatre Milles Graphite Project, located in the Abitibi region of Québec.