Guardian Metal Resources PLC American Depositary Shares, each representing five (5) (NYSEAMERICAN:GMTL) Sees Large Growth in Short Interest

Guardian Metal Resources PLC American Depositary Shares, each representing five (5) (NYSEAMERICAN:GMTL) was the target of a large growth in short interest in April. As of April 30th, there was short interest totaling 132,796 shares, a growth of 114.1% from the April 15th total of 62,034 shares. Based on an average daily trading volume, of 341,214 shares, the days-to-cover ratio is presently 0.4 days.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on GMTL shares. Maxim Group lowered Guardian Metal Resources PLC American Depositary Shares, each representing five (5) from a “buy” rating to a “hold” rating in a research report on Monday, April 20th. DA Davidson upgraded shares of Guardian Metal Resources PLC American Depositary Shares, each representing five (5) to a “strong-buy” rating in a research report on Wednesday, April 15th. Finally, BMO Capital Markets started coverage on shares of Guardian Metal Resources PLC American Depositary Shares, each representing five (5) in a research report on Tuesday, April 14th. They set an “outperform” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $30.00.

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

Shares of NYSEAMERICAN GMTL opened at $16.16 on Friday. Guardian Metal Resources PLC American Depositary Shares, each representing five has a 1 year low of $12.75 and a 1 year high of $22.20.