Lomiko Metals Inc. (OTCMKTS:LMRMF) Short Interest Up 260.0% in January

Lomiko Metals Inc. (OTCMKTS:LMRMF) saw a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 13,264 shares, a growth of 260.0% from the January 15th total of 3,684 shares. Based on an average daily volume of 30,035 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the shares of the company are sold short. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 30,035 shares, the short-interest ratio is currently 0.4 days.

Lomiko Metals Trading Down 6.7%

Shares of LMRMF traded down $0.01 during mid-day trading on Friday, hitting $0.10. The company’s stock had a trading volume of 4,520 shares, compared to its average volume of 16,329. Lomiko Metals has a 1-year low of $0.07 and a 1-year high of $0.19. The firm has a market capitalization of $7.52 million, a P/E ratio of -1.73 and a beta of 1.33. The firm has a 50-day simple moving average of $0.09 and a 200 day simple moving average of $0.08.

Lomiko Metals (OTCMKTS:LMRMF) last issued its earnings results on Tuesday, December 30th. 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.