Metallis Resources Inc. (OTCMKTS:MTLFF) Short Interest Update

Metallis Resources Inc. (OTCMKTS:MTLFF) was the target of a large decrease in short interest in April. As of April 30th, there was short interest totaling 24,620 shares, a decrease of 53.2% from the April 15th total of 52,620 shares. Based on an average daily trading volume, of 61,929 shares, the days-to-cover ratio is presently 0.4 days.

Metallis Resources Stock Performance

Shares of MTLFF remained flat at $0.12 during midday trading on Friday. Metallis Resources has a 1-year low of $0.10 and a 1-year high of $0.40. The firm has a 50-day moving average of $0.12 and a 200-day moving average of $0.16.

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.