Short Interest in New Age Metals Inc. (OTCMKTS:NMTLF) Declines By 98.7%

New Age Metals Inc. (OTCMKTS:NMTLF) was the target of a significant drop in short interest in the month of February. As of February 15th, there was short interest totalling 100 shares, a drop of 98.7% from the January 31st total of 7,500 shares. Based on an average daily trading volume, of 103,400 shares, the short-interest ratio is presently 0.0 days.

New Age Metals Stock Performance

NMTLF traded down $0.00 on Thursday, hitting $0.05. The company had a trading volume of 20,490 shares, compared to its average volume of 27,164. New Age Metals has a 52-week low of $0.01 and a 52-week high of $0.14. The stock has a fifty day simple moving average of $0.06 and a 200-day simple moving average of $0.06.

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.