Metallis Resources Inc. (OTCMKTS:MTLFF) Short Interest Update

Metallis Resources Inc. (OTCMKTS:MTLFF) was the target of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 68,705 shares, a growth of 179.1% from the April 30th total of 24,620 shares. Based on an average daily volume of 61,986 shares, the days-to-cover ratio is currently 1.1 days.

Metallis Resources Price Performance

Shares of MTLFF traded down $0.00 during trading hours on Friday, reaching $0.11. 27,000 shares of the company traded hands, compared to its average volume of 55,590. Metallis Resources has a 12-month low of $0.10 and a 12-month high of $0.40. The business has a fifty day moving average price of $0.12 and a 200-day moving average price of $0.15.

Metallis Resources Company Profile

Metallis Resources Inc engages in the exploration and development of mineral properties in Canada. The company primarily explores for gold, copper, nickel, and silver deposits. It holds 100% interest in the Kirkham property comprising 30 contiguous claims covering an area of approximately 10,610 hectares located in north-western British Columbia. It also holds 100% interest in the Greyhound property comprising two past producing silver/gold mines covering an area of 677 hectares located in the Idaho, the United States.