Metallis Resources Inc. (OTCMKTS:MTLFF) Short Interest Update

Metallis Resources Inc. (OTCMKTS:MTLFF) was the recipient of a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 3,400 shares, a decline of 63.5% from the July 30th total of 9,316 shares. Based on an average daily volume of 89,176 shares, the days-to-cover ratio is presently 0.0 days.

Metallis Resources Trading Up 7.2%

Shares of Metallis Resources stock opened at $0.11 on Friday. Metallis Resources has a 1 year low of $0.08 and a 1 year high of $0.40. The firm’s 50-day moving average is $0.09 and its 200 day moving average is $0.11.

Metallis Resources Company Profile

Metallis Resources Inc engages in the exploration and development of mineral properties in Canada. The company primarily explores for gold, copper, nickel, and silver deposits. It holds 100% interest in the Kirkham property comprising 30 contiguous claims covering an area of approximately 10,610 hectares located in north-western British Columbia. It also holds 100% interest in the Greyhound property comprising two past producing silver/gold mines covering an area of 677 hectares located in the Idaho, the United States.