Guardian Metal Resources PLC (OTCMKTS:GMTLF) Sees Large Drop in Short Interest

Guardian Metal Resources PLC (OTCMKTS:GMTLF) was the target of a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 2,679 shares, a decline of 52.9% from the August 15th total of 5,689 shares. Based on an average daily volume of 44,279 shares, the short-interest ratio is currently 0.1 days.

Guardian Metal Resources Stock Up 0.9%

Shares of OTCMKTS GMTLF traded up $0.02 during mid-day trading on Wednesday, hitting $2.17. The stock had a trading volume of 18,389 shares, compared to its average volume of 122,183. The business has a 50 day moving average price of $2.30 and a two-hundred day moving average price of $2.95. Guardian Metal Resources has a 1 year low of $1.18 and a 1 year high of $4.25.

Guardian Metal Resources Company Profile

Guardian Metal Resources PLC engages in the exploration and exploitation of mineral resources in the United States. It primarily explores for tungsten, copper, gold, silver, lithium, and zinc deposits. The company’s flagship project is the 100% owned Pilot Mountain Project that covers an area of 5,908-acres located in Nevada. It also holds an option to acquire up to 100% interest in the Tempiute Project, co-flagship property, located in Nevada. The company was formerly known as Golden Metal Resources PLC and changed its name to Guardian Metal Resources PLC in June 2024.