Short Interest in Lomiko Metals Inc (OTCMKTS:LMRMF) Rises By 25.7%

Lomiko Metals Inc (OTCMKTS:LMRMF) was the target of a large increase in short interest during the month of September. As of September 30th, there was short interest totalling 59,200 shares, an increase of 25.7% from the September 15th total of 47,100 shares. Based on an average daily volume of 106,400 shares, the short-interest ratio is presently 0.6 days.

Lomiko Metals stock remained flat at $$0.04 on Friday. 225,986 shares of the company’s stock were exchanged, compared to its average volume of 66,699. Lomiko Metals has a 52-week low of $0.01 and a 52-week high of $0.05. The company’s fifty day moving average is $0.04 and its two-hundred day moving average is $0.03.

Lomiko Metals Company Profile

Lomiko Metals Inc, an exploration stage company, engages in the acquisition, exploration, and development of resource properties in Canada. The company primarily explores for graphite deposits. The company holds 100% interests in the Vines Lake zinc-silver-gold property, which consists of three claims covering an area of approximately 1,209.84 hectares located in Liard Mining District of British Columbia; the Quatre-Milles graphite property located north of Sainte-Veronique, Quebec; and the Quatre-Milles West located in southern Quebec.

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