Short Interest in Lomiko Metals Inc. (OTCMKTS:LMRMF) Decreases By 74.3%

Lomiko Metals Inc. (OTCMKTS:LMRMF) was the target of a large decline in short interest in December. As of December 15th, there was short interest totaling 7,898 shares, a decline of 74.3% from the November 30th total of 30,769 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 8,261 shares, the days-to-cover ratio is presently 1.0 days. Based on an average trading volume of 8,261 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.0% of the company’s stock are short sold.

Lomiko Metals Price Performance

Shares of LMRMF traded down $0.00 during midday trading on Thursday, hitting $0.07. The stock had a trading volume of 600 shares, compared to its average volume of 12,119. The firm has a market cap of $5.08 million, a price-to-earnings ratio of -1.21 and a beta of 1.10. The company has a 50 day simple moving average of $0.08 and a two-hundred day simple moving average of $0.08. Lomiko Metals has a twelve month low of $0.07 and a twelve month high of $0.14.

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.