Lomiko Metals Inc. (OTCMKTS:LMRMF) Sees Significant Drop in Short Interest

Lomiko Metals Inc. (OTCMKTS:LMRMF) was the recipient of a large decline in short interest in June. As of June 15th, there was short interest totaling 11,846 shares, a decline of 42.1% from the May 31st total of 20,444 shares. Based on an average daily volume of 38,208 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the shares of the stock are sold short.

Lomiko Metals Stock Performance

OTCMKTS:LMRMF remained flat at $0.05 during midday trading on Friday. 28,350 shares of the company were exchanged, compared to its average volume of 8,993. Lomiko Metals has a 1 year low of $0.03 and a 1 year high of $0.19. The business’s 50-day simple moving average is $0.05 and its two-hundred day simple moving average is $0.08. The stock has a market cap of $4.35 million, a PE ratio of -0.78 and a beta of 1.12.

Lomiko Metals (OTCMKTS:LMRMF) last announced its quarterly earnings data on Thursday, June 25th. The company reported ($0.01) 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.