Lomiko Metals Inc. (OTCMKTS:LMRMF) Sees Significant Drop in Short Interest

Lomiko Metals Inc. (OTCMKTS:LMRMFGet Free Report) was the target of a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 11,846 shares, a drop of 42.1% from the May 31st total of 20,444 shares. Based on an average daily volume of 38,208 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the company’s shares are short sold.

Lomiko Metals Price Performance

OTCMKTS LMRMF traded up $0.00 during midday trading on Thursday, hitting $0.05. 28,350 shares of the company traded hands, compared to its average volume of 21,599. Lomiko Metals has a 52 week low of $0.03 and a 52 week high of $0.19. The company’s 50-day simple moving average is $0.05 and its 200-day simple moving average is $0.08. The company has a market cap of $4.35 million, a PE ratio of -0.78 and a beta of 1.12.

Lomiko Metals (OTCMKTS:LMRMFGet Free Report) last released its quarterly earnings results on Thursday, June 25th. The company reported $999.00 EPS for the quarter.

Lomiko Metals Company Profile

(Get Free Report)

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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