Lomiko Metals Inc. (OTCMKTS:LMRMF) Short Interest Up 85.3% in August

Lomiko Metals Inc. (OTCMKTS:LMRMF) was the recipient of a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 12,045 shares, an increase of 85.3% from the July 30th total of 6,499 shares. Based on an average trading volume of 16,579 shares, the short-interest ratio is currently 0.7 days. Currently, 0.0% of the shares of the company are sold short.

Lomiko Metals Price Performance

LMRMF traded down $0.00 on Friday, reaching $0.09. 3,840 shares of the stock were exchanged, compared to its average volume of 9,767. The company’s 50-day moving average price is $0.07 and its 200 day moving average price is $0.07. Lomiko Metals has a fifty-two week low of $0.03 and a fifty-two week high of $0.19. The firm has a market capitalization of $7.04 million, a PE ratio of -1.26 and a beta of 1.07.

Lomiko Metals (OTCMKTS:LMRMF) last announced its quarterly earnings data on Thursday, June 25th. The company reported ($0.01) earnings per share for the quarter.

Lomiko Metals Company Profile

Lomiko Metals Inc is a Canada?based junior mineral exploration company focused on the discovery and development of battery?critical materials. Trading on the OTC Markets under the symbol LMRMF, the company targets commodities that support the growing global demand for clean energy and electrification. Lomiko’s strategy centers on advancing early?stage projects through systematic exploration, technical studies and partnerships with academic and industrial collaborators.

At the core of Lomiko’s portfolio is the Quatre Milles Graphite Project, located in the Abitibi region of Québec.