Metallis Resources Inc. (OTCMKTS:MTLFF) Sees Significant Growth in Short Interest

Metallis Resources Inc. (OTCMKTS:MTLFF) was the recipient of a large increase in short interest in the month of March. As of March 31st, there was short interest totaling 53,870 shares, an increase of 53.5% from the March 15th total of 35,089 shares. Based on an average trading volume of 93,757 shares, the short-interest ratio is presently 0.6 days.

Metallis Resources Stock Performance

OTCMKTS:MTLFF opened at $0.10 on Thursday. Metallis Resources has a one year low of $0.10 and a one year high of $0.40. The business has a fifty day moving average price of $0.12 and a 200-day moving average price of $0.18.

About Metallis Resources

Metallis Resources Inc engages in the exploration and development of mineral properties in Canada. The company primarily explores for gold, copper, nickel, and silver deposits. It holds 100% interest in the Kirkham property comprising 30 contiguous claims covering an area of approximately 10,610 hectares located in north-western British Columbia. It also holds 100% interest in the Greyhound property comprising two past producing silver/gold mines covering an area of 677 hectares located in the Idaho, the United States.