Guardian Metal Resources PLC American Depositary Shares, each representing five (5) (NYSEAMERICAN:GMTL) Stock Short Interest Drops 38.4%

Guardian Metal Resources PLC American Depositary Shares, each representing five (5) (NYSEAMERICAN:GMTL) was the target of a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 362,337 shares, a decrease of 38.4% from the September 30th total of 587,932 shares. Approximately 0.9% of the company’s stock are short sold. Based on an average daily trading volume, of 238,056 shares, the days-to-cover ratio is presently 1.5 days.

Analyst Ratings Changes

Separately, DA Davidson reaffirmed a “buy” rating and set a $30.00 price objective on shares of Guardian Metal Resources PLC American Depositary Shares, each representing five (5) in a report on Tuesday, September 15th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $30.00.

Guardian Metal Resources PLC American Depositary Shares, each representing five (5) Stock Performance

Guardian Metal Resources PLC American Depositary Shares, each representing five (5) stock opened at $5.30 on Friday. Guardian Metal Resources PLC American Depositary Shares, each representing five has a fifty-two week low of $4.58 and a fifty-two week high of $22.20. The firm’s 50-day simple moving average is $9.16 and its 200 day simple moving average is $13.04.

Guardian Metal Resources PLC American Depositary Shares, each representing five (5) (NYSEAMERICAN:GMTL) last posted its quarterly earnings data on Tuesday, September 15th. The company reported ($0.06) EPS for the quarter.

About Guardian Metal Resources PLC American Depositary Shares, each representing five (5)

Guardian Metal Resources PLC is a United Kingdom-based mineral exploration and development company focused on tungsten and other critical and strategic metals in the United States. The company’s activities include acquiring, evaluating, exploring and advancing mineral properties rather than operating producing mines.

Its principal asset is the Pilot Mountain project in Nevada, a historically recognized tungsten district that also contains copper, silver and zinc mineralization. Guardian Metal Resources is working to define and advance the project’s mineral potential through exploration, technical studies and development planning.

The company’s portfolio is focused primarily on mineral opportunities in Nevada and is intended to support the potential domestic supply of tungsten and other metals used in industrial, defense and technology applications.