Short Interest in Guardian Metal Resources PLC American Depositary Shares, each representing five (5) (NYSEAMERICAN:GMTL) Expands By 75.8%

Guardian Metal Resources PLC American Depositary Shares, each representing five (5) (NYSEAMERICAN:GMTL) was the recipient of a large increase in short interest in May. As of May 29th, there was short interest totaling 270,309 shares, an increase of 75.8% from the May 14th total of 153,775 shares. Based on an average daily trading volume, of 179,208 shares, the days-to-cover ratio is presently 1.5 days.

Guardian Metal Resources PLC American Depositary Shares, each representing five (5) Trading Up 0.2%

NYSEAMERICAN:GMTL opened at $16.69 on Wednesday. Guardian Metal Resources PLC American Depositary Shares, each representing five has a 12 month low of $12.52 and a 12 month high of $22.20. The business has a 50 day moving average of $16.89.

Analysts Set New Price Targets

A number of analysts recently commented on GMTL shares. BMO Capital Markets started coverage on Guardian Metal Resources PLC American Depositary Shares, each representing five (5) in a research report on Tuesday, April 14th. They set an “outperform” rating for the company. Maxim Group downgraded Guardian Metal Resources PLC American Depositary Shares, each representing five (5) from a “buy” rating to a “hold” rating in a research note on Monday, April 20th. Finally, DA Davidson raised Guardian Metal Resources PLC American Depositary Shares, each representing five (5) to a “strong-buy” rating in a research report on Wednesday, April 15th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $30.00.