Surge Battery Metals Inc. (OTCMKTS:NILIF – Get Free Report) saw a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 30,119 shares, a drop of 77.7% from the August 15th total of 135,190 shares. Based on an average daily volume of 393,571 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.
Surge Battery Metals Trading Down 3.2%
Shares of Surge Battery Metals stock traded down $0.02 during trading hours on Friday, hitting $0.68. 142,094 shares of the company were exchanged, compared to its average volume of 156,198. The business has a 50-day moving average of $0.55 and a 200-day moving average of $0.50. Surge Battery Metals has a 1 year low of $0.18 and a 1 year high of $0.80. The stock has a market capitalization of $172.11 million, a price-to-earnings ratio of -16.98 and a beta of 1.65.
Surge Battery Metals (OTCMKTS:NILIF – Get Free Report) last announced its quarterly earnings data on Friday, August 28th. The company reported ($0.01) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.01). As a group, research analysts anticipate that Surge Battery Metals will post -0.02 earnings per share for the current fiscal year.
About Surge Battery Metals
Surge Battery Metals Inc, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in North America. It primarily explores for lithium and nickel. The company's flagship property is the 100% owned Nevada North lithium project consisting of 243 mineral claims located in Elko County, Nevada. The company was formerly known as Copper Creek Gold Corp. and changed its name to Surge Exploration Inc in April 2018. Surge Battery Metals Inc was incorporated in 1987 and is based in Vancouver, Canada.
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