Short Interest in Metallis Resources Inc. (OTCMKTS:MTLFF) Increases By 146.3%

Metallis Resources Inc. (OTCMKTS:MTLFF) saw a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 77,600 shares, a growth of 146.3% from the February 13th total of 31,500 shares. Based on an average trading volume of 80,200 shares, the days-to-cover ratio is currently 1.0 days.

Metallis Resources Trading Up 0.6 %

Shares of OTCMKTS:MTLFF traded up $0.00 during trading on Thursday, reaching $0.13. The company had a trading volume of 32,625 shares, compared to its average volume of 56,758. The stock’s fifty day moving average price is $0.15 and its 200 day moving average price is $0.15. Metallis Resources has a fifty-two week low of $0.05 and a fifty-two week high of $0.25.

Metallis Resources Company Profile

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.