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

Lomiko Metals Inc. (OTCMKTS:LMRMF) saw a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 8,945 shares, a growth of 114.3% from the April 15th total of 4,174 shares. Based on an average daily trading volume, of 36,867 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are sold short.

Lomiko Metals Stock Performance

OTCMKTS LMRMF opened at $0.05 on Friday. Lomiko Metals has a one year low of $0.04 and a one year high of $0.19. The stock has a 50-day moving average of $0.07 and a 200 day moving average of $0.08. The company has a market capitalization of $3.60 million, a price-to-earnings ratio of -0.80 and a beta of 1.15.

Lomiko Metals (OTCMKTS:LMRMF) last posted its earnings results on Tuesday, March 31st. The company reported ($0.01) earnings per share (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.