Pacific North West Capital Corp. (OTCMKTS:NMTLF) Short Interest Up 1,629.8% in August

Pacific North West Capital Corp. (OTCMKTS:NMTLF) saw a significant increase in short interest in August. As of August 31st, there was short interest totaling 76,390 shares, an increase of 1,629.8% from the August 15th total of 4,416 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 120,320 shares, the days-to-cover ratio is presently 0.6 days.

Pacific North West Capital Stock Down 7.4%

NMTLF traded down $0.01 during trading on Thursday, reaching $0.14. 50,246 shares of the company were exchanged, compared to its average volume of 70,682. The company’s 50-day moving average is $0.18 and its two-hundred day moving average is $0.22. The company has a market cap of $10.76 million, a price-to-earnings ratio of -14.39 and a beta of 1.12. Pacific North West Capital has a 12-month low of $0.12 and a 12-month high of $0.45.

Pacific North West Capital (OTCMKTS:NMTLF) last issued its earnings results on Tuesday, August 25th. The company reported ($0.01) EPS for the quarter.

About Pacific North West Capital

New Age Metals Inc, a mineral exploration company, engages in the acquisition, exploration, and development of platinum group metals (PGMs), and precious and base metal properties in Canada. The company explores for rhodium, palladium, platinum, gold, nickel, copper, and lithium deposits. It holds interests in the River Valley PGE project located in the Dana and Pardo townships of Northern Ontario; the Genesis PGE project located in south central Alaska; and lithium projects situated to the northeast of Winnipeg, Manitoba.