Lomiko Metals Inc. (OTCMKTS:LMRMF) Sees Large Increase in Short Interest

Lomiko Metals Inc. (OTCMKTS:LMRMFGet Free Report) saw a significant growth in short interest in April. As of April 15th, there was short interest totaling 4,174 shares, a growth of 40.8% from the March 31st total of 2,965 shares. Based on an average daily volume of 49,750 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Lomiko Metals Stock Down 6.9%

OTCMKTS LMRMF opened at $0.06 on Tuesday. Lomiko Metals has a twelve month low of $0.06 and a twelve month high of $0.19. The firm has a market capitalization of $4.64 million, a PE ratio of -1.03 and a beta of 1.38. The stock’s 50 day moving average is $0.08 and its 200 day moving average is $0.08.

Lomiko Metals (OTCMKTS:LMRMFGet Free Report) last released its quarterly earnings results on Tuesday, March 31st. The company reported ($0.01) earnings per share for the quarter.

Lomiko Metals Company Profile

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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.

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