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

Lomiko Metals Inc. (OTCMKTS:LMRMF) saw a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 13,264 shares, a growth of 260.0% from the January 15th total of 3,684 shares. Based on an average daily trading volume, of 30,035 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 30,035 shares, the days-to-cover ratio is presently 0.4 days.

Lomiko Metals Stock Up 0.8%

LMRMF traded up $0.00 during trading on Thursday, hitting $0.11. The company’s stock had a trading volume of 10,084 shares, compared to its average volume of 10,336. The business’s 50 day simple moving average is $0.09 and its 200-day simple moving average is $0.08. The firm has a market cap of $8.05 million, a PE ratio of -1.85 and a beta of 1.33. Lomiko Metals has a one year low of $0.07 and a one year high of $0.19.

Lomiko Metals (OTCMKTS:LMRMF) last posted its quarterly earnings data on Tuesday, December 30th. The company reported ($0.01) EPS 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.