Metallis Resources Inc. (OTCMKTS:MTLFF) Short Interest Update

Metallis Resources Inc. (OTCMKTS:MTLFF) was the recipient of a significant decrease in short interest in January. As of January 15th, there was short interest totaling 85 shares, a decrease of 85.5% from the December 31st total of 585 shares. Based on an average trading volume of 174,011 shares, the days-to-cover ratio is presently 0.0 days. Based on an average trading volume of 174,011 shares, the days-to-cover ratio is presently 0.0 days.

Metallis Resources Trading Up 14.6%

Shares of OTCMKTS MTLFF traded up $0.02 during midday trading on Wednesday, reaching $0.15. The company had a trading volume of 68,000 shares, compared to its average volume of 84,450. Metallis Resources has a 1 year low of $0.11 and a 1 year high of $0.40. The business’s 50-day simple moving average is $0.17 and its 200 day simple moving average is $0.22.

Metallis Resources Company Profile

Metallis Resources Inc engages in the exploration and development of mineral properties in Canada. The company primarily explores for gold, copper, nickel, and silver deposits. It holds 100% interest in the Kirkham property comprising 30 contiguous claims covering an area of approximately 10,610 hectares located in north-western British Columbia. It also holds 100% interest in the Greyhound property comprising two past producing silver/gold mines covering an area of 677 hectares located in the Idaho, the United States.