Short Interest in Lomiko Metals Inc. (OTCMKTS:LMRMF) Increases By 85.3%

Lomiko Metals Inc. (OTCMKTS:LMRMF) was the target of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 12,045 shares, a growth of 85.3% from the July 30th total of 6,499 shares. Based on an average daily trading volume, of 16,579 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.0% of the shares of the company are sold short.

Lomiko Metals Stock Performance

Shares of LMRMF remained flat at $0.09 during mid-day trading on Monday. The company’s stock had a trading volume of 3,840 shares, compared to its average volume of 9,921. Lomiko Metals has a 52-week low of $0.03 and a 52-week high of $0.19. The stock’s 50 day moving average price is $0.07 and its two-hundred day moving average price is $0.07. The company has a market capitalization of $7.04 million, a price-to-earnings ratio of -1.26 and a beta of 1.07.

Lomiko Metals (OTCMKTS:LMRMF) last posted its quarterly earnings results on Thursday, June 25th. The company reported ($0.01) earnings per share 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.