Guardian Metal Resources PLC (OTCMKTS:GMTLF) Shares Shorted: Short Interest Up 553.4% in September

Guardian Metal Resources PLC (OTCMKTS:GMTLF) was the target of a large growth in short interest in September. As of September 15th, there was short interest totaling 17,505 shares, a growth of 553.4% from the August 31st total of 2,679 shares. Based on an average daily volume of 167,019 shares, the days-to-cover ratio is presently 0.1 days.

Guardian Metal Resources Stock Down 4.0%

Shares of OTCMKTS GMTLF traded down $0.09 during midday trading on Friday, hitting $2.02. The company had a trading volume of 39,315 shares, compared to its average volume of 118,520. Guardian Metal Resources has a twelve month low of $1.22 and a twelve month high of $4.25. The business has a 50-day simple moving average of $2.29 and a two-hundred day simple moving average of $2.86.

About Guardian Metal Resources

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.