Short Interest in Metallis Resources Inc. (OTCMKTS:MTLFF) Increases By ∞

Metallis Resources Inc. (OTCMKTS:MTLFF) was the target of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 3,553 shares, an increase of ∞ from the June 15th total of 0 shares. Based on an average daily volume of 60,790 shares, the days-to-cover ratio is presently 0.1 days.

Metallis Resources Stock Performance

Shares of MTLFF traded up $0.01 on Friday, reaching $0.09. The company’s stock had a trading volume of 41,000 shares, compared to its average volume of 55,079. The stock’s 50 day simple moving average is $0.11 and its two-hundred day simple moving average is $0.12. Metallis Resources has a 12-month low of $0.08 and a 12-month high of $0.40.

Metallis Resources Company Profile

Metallis Resources Inc engages in the exploration and development of mineral properties in Canada. The company primarily explores for gold, copper, nickel, and silver deposits. It holds 100% interest in the Kirkham property comprising 30 contiguous claims covering an area of approximately 10,610 hectares located in north-western British Columbia. It also holds 100% interest in the Greyhound property comprising two past producing silver/gold mines covering an area of 677 hectares located in the Idaho, the United States.