Lomiko Metals Inc. (OTCMKTS:LMRMF) Sees Significant Increase in Short Interest

Lomiko Metals Inc. (OTCMKTS:LMRMFGet Free Report) was the recipient of a large growth in short interest in May. As of May 15th, there was short interest totalling 7,900 shares, a growth of 38.6% from the April 30th total of 5,700 shares. Based on an average trading volume of 3,100 shares, the short-interest ratio is presently 2.5 days. Currently, 0.0% of the company’s stock are sold short.

Lomiko Metals Trading Down 2.9%

Shares of Lomiko Metals stock opened at $0.08 on Wednesday. Lomiko Metals has a 12-month low of $0.07 and a 12-month high of $0.40. The business’s 50 day moving average is $0.09 and its 200-day moving average is $0.10.

Lomiko Metals (OTCMKTS:LMRMFGet Free Report) last posted its quarterly earnings results on Wednesday, March 26th. The company reported ($0.01) earnings per share for the quarter.

About Lomiko Metals

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Lomiko Metals Inc engages in the acquisition, exploration, and development of resource properties in Canada. It explores for graphite and lithium deposits. The company's flagship project is its 100% owned La Loutre graphite property located in Laurentian region of Quebec. The company was formerly known as Lomiko Resources Inc and changed its name to Lomiko Metals Inc in October 2008.

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