New Age Metals Inc. (OTCMKTS:NMTLF) Short Interest Up 9,500.0% in January

New Age Metals Inc. (OTCMKTS:NMTLF) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 9,600 shares, a growth of 9,500.0% from the December 31st total of 100 shares. Based on an average daily trading volume, of 16,700 shares, the days-to-cover ratio is currently 0.6 days.

New Age Metals Price Performance

NMTLF stock traded down $0.00 during mid-day trading on Friday, reaching $0.05. 9,356 shares of the company traded hands, compared to its average volume of 10,916. The firm’s 50 day moving average price is $0.06 and its 200 day moving average price is $0.06. New Age Metals has a fifty-two week low of $0.01 and a fifty-two week high of $0.14.

About New Age Metals

New Age Metals Inc, a mineral exploration company, engages in the acquisition, exploration, and development of platinum group metals (PGMs), and precious and base metal properties in Canada. The company explores for rhodium, palladium, platinum, gold, nickel, copper, and lithium deposits. It holds interests in the River Valley PGE project located in the Dana and Pardo townships of Northern Ontario; the Genesis PGE project located in south central Alaska; and lithium projects situated to the northeast of Winnipeg, Manitoba.