Metallis Resources Inc. (OTCMKTS:MTLFF – Get Free Report) was the target of a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 14,173 shares, a decrease of 42.9% from the September 15th total of 24,840 shares. Based on an average trading volume of 104,448 shares, the short-interest ratio is presently 0.1 days.
Metallis Resources Price Performance
OTCMKTS MTLFF opened at $0.09 on Thursday. The business has a 50 day moving average price of $0.10 and a 200 day moving average price of $0.10. Metallis Resources has a 1-year low of $0.08 and a 1-year high of $0.40.
About Metallis Resources
Metallis Resources Inc is a Canadian mineral exploration company focused on the discovery and evaluation of precious- and base-metal deposits. The company has primarily pursued exploration opportunities rather than operating producing mines or selling mineral products.
Its principal exploration asset has been the Kirkham Property in British Columbia’s Golden Triangle, a mineral-rich region known for gold, copper and silver deposits. Exploration activities have included geological mapping, geochemical sampling, geophysical surveys and drilling designed to assess the property’s mineral potential.
Metallis Resources has historically focused its activities in Canada and has operated as an exploration-stage company.
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