Lomiko Metals Inc. (OTCMKTS:LMRMF) Shares Shorted: Short Interest Down 75.5% in September

by · The Cerbat Gem

Lomiko Metals Inc. (OTCMKTS:LMRMF – Get Free Report) was the target of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 2,554 shares, a decrease of 75.5% from the September 15th total of 10,435 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 2,250 shares, the short-interest ratio is presently 1.1 days.

Lomiko Metals Stock Performance

Shares of LMRMF stock remained flat at $0.09 during trading hours on Monday. The firm has a market capitalization of $7.20 million, a PE ratio of -1.29 and a beta of 1.06. The firm has a 50-day simple moving average of $0.09 and a two-hundred day simple moving average of $0.07. Lomiko Metals has a 12 month low of $0.03 and a 12 month high of $0.19.

Lomiko Metals Company Profile

(Get Free Report)

Lomiko Metals Inc (OTCMKTS:LMRMF) is a Canadian mineral exploration and development company focused on advancing graphite projects. Graphite is an important industrial and battery-material used in energy-storage systems, electric vehicles, steelmaking, refractories, lubricants, and other applications.

The company’s principal asset is the La Loutre Graphite Property in Quebec, Canada. Located in the Laurentides region northwest of Montreal, the property comprises a large land package with multiple mineral claims and is being evaluated for the potential development of a graphite mining and processing operation.

See Also