Lomiko Metals Inc. (OTCMKTS:LMRMF) Sees Large Increase in Short Interest
by Scott Moore · The Cerbat GemLomiko Metals Inc. (OTCMKTS:LMRMF – Get Free Report) was the target of a large growth in short interest in May. As of May 15th, there was short interest totaling 28,428 shares, a growth of 217.8% from the April 30th total of 8,945 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 50,799 shares, the days-to-cover ratio is currently 0.6 days.
Lomiko Metals Stock Performance
LMRMF stock traded up $0.01 on Friday, reaching $0.05. The company had a trading volume of 10,060 shares, compared to its average volume of 17,997. Lomiko Metals has a 1 year low of $0.03 and a 1 year high of $0.19. The company’s fifty day moving average is $0.06 and its 200 day moving average is $0.08. The company has a market cap of $4.37 million, a P/E ratio of -0.91 and a beta of 1.15.
Lomiko Metals (OTCMKTS:LMRMF – Get Free Report) 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.