Short Interest in Lomiko Metals Inc. (OTCMKTS:LMRMF) Drops By 33.0%

Lomiko Metals Inc. (OTCMKTS:LMRMFGet Rating) saw a large decrease in short interest in March. As of March 31st, there was short interest totalling 50,500 shares, a decrease of 33.0% from the March 15th total of 75,400 shares. Based on an average daily trading volume, of 95,000 shares, the days-to-cover ratio is presently 0.5 days.

Shares of LMRMF stock opened at $0.06 on Friday. The stock has a market capitalization of $14.41 million, a P/E ratio of -8.30 and a beta of 2.88. The firm’s 50 day moving average is $0.06 and its 200 day moving average is $0.07. Lomiko Metals has a 12 month low of $0.04 and a 12 month high of $0.15.

About Lomiko Metals (Get Rating)

Lomiko Metals Inc engages in the acquisition, exploration, and development of resource properties in Canada. It explores for graphite deposits. The company holds a 100% interest in La Loutre graphite property located in southern Quebec. It also engages in the manufacture and sale of power supply products.

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