Adriatic Metals PLC (OTCMKTS:ADMLF) Short Interest Update

Adriatic Metals PLC (OTCMKTS:ADMLF) saw a large decline in short interest in the month of August. As of August 31st, there was short interest totalling 200 shares, a decline of 98.6% from the August 15th total of 14,500 shares. Based on an average daily volume of 33,900 shares, the short-interest ratio is presently 0.0 days.

Adriatic Metals Trading Down 2.5 %

ADMLF stock opened at $2.34 on Thursday. Adriatic Metals has a fifty-two week low of $1.12 and a fifty-two week high of $2.95. The business’s 50 day moving average price is $2.41 and its two-hundred day moving average price is $2.34.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reduced their price target on Adriatic Metals from GBX 270 ($3.38) to GBX 260 ($3.25) in a report on Thursday, August 24th.

Adriatic Metals Company Profile

Adriatic Metals PLC, through its subsidiaries, engages in the exploration and development of precious and base metals. It explores for silver, zinc, lead, copper, gold, and barite deposits. The company's flagship project is the Vares Silver Project located in the Bosnia and Herzegovina. It also operates Raska Project located in Serbia.