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

Lomiko Metals Inc. (OTCMKTS:LMRMF) saw a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 12,045 shares, a growth of 85.3% from the July 30th total of 6,499 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 16,579 shares, the short-interest ratio is currently 0.7 days.

Lomiko Metals Price Performance

OTCMKTS:LMRMF traded down $0.00 during mid-day trading on Friday, hitting $0.09. The company’s stock had a trading volume of 3,840 shares, compared to its average volume of 9,767. Lomiko Metals has a 1 year low of $0.03 and a 1 year high of $0.19. The stock has a market cap of $7.04 million, a price-to-earnings ratio of -1.26 and a beta of 1.07. The business’s fifty day moving average is $0.07 and its two-hundred day moving average is $0.07.

Lomiko Metals (OTCMKTS:LMRMF) last released its quarterly earnings data on Thursday, June 25th. The company reported ($0.01) earnings per share 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.