Short Interest in Guardian Metal Resources PLC (OTCMKTS:GMTLF) Decreases By 70.2%

Guardian Metal Resources PLC (OTCMKTS:GMTLF) saw a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 9,681 shares, a decrease of 70.2% from the May 31st total of 32,530 shares. Based on an average trading volume of 98,292 shares, the days-to-cover ratio is presently 0.1 days.

Guardian Metal Resources Stock Performance

OTCMKTS GMTLF traded up $0.05 during trading on Friday, reaching $3.05. 27,984 shares of the company’s stock traded hands, compared to its average volume of 156,735. Guardian Metal Resources has a 12-month low of $0.70 and a 12-month high of $4.25. The company has a 50 day simple moving average of $3.23.

About Guardian Metal Resources

Guardian Metal Resources PLC engages in the exploration and exploitation of mineral resources in the United States. It primarily explores for tungsten, copper, gold, silver, lithium, and zinc deposits. The company’s flagship project is the 100% owned Pilot Mountain Project that covers an area of 5,908-acres located in Nevada. It also holds an option to acquire up to 100% interest in the Tempiute Project, co-flagship property, located in Nevada. The company was formerly known as Golden Metal Resources PLC and changed its name to Guardian Metal Resources PLC in June 2024.