Short Interest in Lomiko Metals Inc. (OTCMKTS:LMRMF) Increases By 22.8%

Lomiko Metals Inc. (OTCMKTS:LMRMF) was the target of a large increase in short interest in January. As of January 15th, there was short interest totaling 3,684 shares, an increase of 22.8% from the December 31st total of 3,000 shares. Based on an average daily volume of 39,587 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 39,587 shares, the short-interest ratio is currently 0.1 days.

Lomiko Metals Stock Performance

LMRMF stock opened at $0.10 on Wednesday. The stock’s 50 day moving average price is $0.09 and its 200 day moving average price is $0.08. The firm has a market cap of $7.39 million, a P/E ratio of -1.70 and a beta of 1.33. Lomiko Metals has a 1 year low of $0.07 and a 1 year high of $0.19.

Lomiko Metals (OTCMKTS:LMRMF) last released its quarterly earnings results on Tuesday, December 30th. The company reported ($0.01) earnings per share for the quarter.

About Lomiko Metals

Lomiko Metals Inc is a Canada‐based junior mineral exploration company focused on the discovery and development of battery‐critical materials. Trading on the OTC Markets under the symbol LMRMF, the company targets commodities that support the growing global demand for clean energy and electrification. Lomiko’s strategy centers on advancing early‐stage projects through systematic exploration, technical studies and partnerships with academic and industrial collaborators.

At the core of Lomiko’s portfolio is the Quatre Milles Graphite Project, located in the Abitibi region of Québec.