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

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

Lomiko Metals Stock Up 16.2%

Shares of OTCMKTS:LMRMF opened at $0.05 on Friday. The firm’s 50 day moving average price is $0.06 and its 200-day moving average price is $0.08. Lomiko Metals has a twelve month low of $0.03 and a twelve month high of $0.19. The stock has a market capitalization of $4.37 million, a PE ratio of -0.91 and a beta of 1.15.

Lomiko Metals (OTCMKTS:LMRMF) last posted its quarterly earnings data on Tuesday, March 31st. 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.