Energy Transition Minerals Ltd (OTCMKTS:GDLNF) Stock Short Interest Declines 54.4%

Energy Transition Minerals Ltd (OTCMKTS:GDLNF) was the recipient of a large decline in short interest in September. As of September 15th, there was short interest totaling 440,572 shares, a decline of 54.4% from the August 31st total of 965,759 shares. Based on an average daily volume of 438,759 shares, the short-interest ratio is presently 1.0 days.

Energy Transition Minerals Stock Performance

GDLNF stock traded down $0.01 during mid-day trading on Monday, reaching $0.04. 564,777 shares of the company’s stock were exchanged, compared to its average volume of 703,955. Energy Transition Minerals has a 12-month low of $0.03 and a 12-month high of $0.16. The stock’s 50 day moving average is $0.04 and its 200 day moving average is $0.04.

About Energy Transition Minerals

Energy Transition Minerals Limited is an Australia-based mineral exploration and development company focused on commodities used in the energy transition, including rare earth elements and uranium. The company was formerly known as Greenland Minerals Limited before adopting its current name.

Its principal asset is the Kvanefjeld Project in southern Greenland, a large, multielement mineral project that contains rare earth elements, uranium and zinc. The project includes the Kvanefjeld, Sørensen and Zone 3 deposits and has been the company’s primary focus as it evaluates the potential development of a long-term source of strategic minerals.

Energy Transition Minerals has also maintained interests in other exploration opportunities, including projects in Australia.