Guardian Metal Resources PLC American Depositary Shares, each representing five (5) (NYSEAMERICAN:GMTL) Shares Shorted: Short Interest Up 65.9% in September

Guardian Metal Resources PLC American Depositary Shares, each representing five (5) (NYSEAMERICAN:GMTL) saw a significant growth in short interest in September. As of September 30th, there was short interest totaling 587,932 shares, a growth of 65.9% from the September 15th total of 354,332 shares. Approximately 1.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 182,576 shares, the short-interest ratio is presently 3.2 days.

Guardian Metal Resources PLC American Depositary Shares, each representing five (5) Price Performance

Shares of GMTL stock opened at $6.10 on Friday. The business’s 50-day moving average price is $10.70 and its 200-day moving average price is $13.60. Guardian Metal Resources PLC American Depositary Shares, each representing five has a 12 month low of $6.01 and a 12 month high of $22.20.

Guardian Metal Resources PLC American Depositary Shares, each representing five (5) (NYSEAMERICAN:GMTL) last released its quarterly earnings results on Tuesday, September 15th. The company reported ($0.06) earnings per share for the quarter.

Wall Street Analysts Forecast Growth

Separately, DA Davidson reissued a “buy” rating and set a $30.00 price objective on shares of Guardian Metal Resources PLC American Depositary Shares, each representing five (5) in a report on Tuesday, September 15th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Guardian Metal Resources PLC American Depositary Shares, each representing five (5) presently has a consensus rating of “Moderate Buy” and a consensus target price of $30.00.

About Guardian Metal Resources PLC American Depositary Shares, each representing five (5)

Guardian Metal Resources PLC is a mineral exploration and development company focused on critical and strategic metals in the United States. The company’s principal asset is the Pilot Mountain project in Nevada, which contains tungsten, copper, silver and zinc mineralization. Tungsten is used in industrial, defense, energy and technology applications, making it a key focus of the company’s exploration strategy.

The company is also advancing additional exploration opportunities in Nevada, including the Garfield project, where it is investigating potential copper, silver, gold and other mineralization.