Guardian Metal Resources PLC American Depositary Shares, each representing five (5) (NYSEAMERICAN:GMTL) Shares Shorted: Short Interest Up 65.9% in September

Guardian Metal Resources PLC American Depositary Shares, each representing five (5) (NYSEAMERICAN:GMTL) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 587,932 shares, a growth of 65.9% from the September 15th total of 354,332 shares. Approximately 1.5% of the shares of the stock are sold short. Based on an average trading volume of 182,576 shares, the days-to-cover ratio is presently 3.2 days.

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

Shares of NYSEAMERICAN GMTL opened at $6.10 on Friday. Guardian Metal Resources PLC American Depositary Shares, each representing five has a 12 month low of $6.01 and a 12 month high of $22.20. The stock has a 50-day moving average price of $10.70 and a two-hundred day moving average price of $13.60.

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

Wall Street Analysts Forecast Growth

Separately, DA Davidson reiterated a “buy” rating and issued a $30.00 price target on shares of Guardian Metal Resources PLC American Depositary Shares, each representing five (5) in a research note on Tuesday, September 15th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock 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) Company Profile

Guardian Metal Resources PLC is a mineral exploration and development company focused on critical and strategic metals in the United States. The company’s principal asset is the Pilot Mountain project in Nevada, which contains tungsten, copper, silver and zinc mineralization. Tungsten is used in industrial, defense, energy and technology applications, making it a key focus of the company’s exploration strategy.

The company is also advancing additional exploration opportunities in Nevada, including the Garfield project, where it is investigating potential copper, silver, gold and other mineralization.