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

Metallis Resources Inc. (OTCMKTS:MTLFF – Get Free Report) saw a significant growth in short interest in May. As of May 15th, there was short interest totaling 68,705 shares, a growth of 179.1% from the April 30th total of 24,620 shares. Based on an average daily trading volume, of 61,986 shares, the short-interest ratio is presently 1.1 days.

Metallis Resources Price Performance

OTCMKTS MTLFF traded down $0.00 on Friday, hitting $0.11. The stock had a trading volume of 27,000 shares, compared to its average volume of 55,590. The business’s fifty day moving average price is $0.12 and its 200 day moving average price is $0.15. Metallis Resources has a 52-week low of $0.10 and a 52-week high of $0.40.

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About Metallis Resources

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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.

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