Guardian Metal Resources PLC (OTCMKTS:GMTLF) Sees Significant Increase in Short Interest

Guardian Metal Resources PLC (OTCMKTS:GMTLF) saw a significant growth in short interest in the month of October. As of October 30th, there was short interest totaling 15,809 shares, a growth of 1,610.9% from the October 15th total of 924 shares. Based on an average daily volume of 117,929 shares, the short-interest ratio is presently 0.1 days.

Guardian Metal Resources Trading Down 6.6%

Shares of Guardian Metal Resources stock traded down $0.06 during trading hours on Thursday, reaching $0.87. The company’s stock had a trading volume of 14,304 shares, compared to its average volume of 110,049. The company’s 50 day simple moving average is $1.60 and its 200 day simple moving average is $2.62. Guardian Metal Resources has a one year low of $0.85 and a one year high of $4.25.

About Guardian Metal Resources

Guardian Metal Resources plc is a mineral exploration and development company focused on projects in Nevada, United States. The company explores for metals used in industrial and energy-related applications and is not primarily a mining producer. Its flagship asset is the Pilot Mountain project, which contains tungsten mineralization. Guardian Metal also has Nevada projects targeting commodities including copper, gold and lithium, including the Garfield, Stonewall and Kibby Basin projects. The company was formerly known as Golden Metal Resources plc before adopting the Guardian Metal Resources name.