Short Interest in Lomiko Metals Inc. (OTCMKTS:LMRMF) Expands By 246.9%

Lomiko Metals Inc. (OTCMKTS:LMRMFGet Free Report) was the target of a significant increase in short interest in February. As of February 15th, there was short interest totalling 11,100 shares, an increase of 246.9% from the January 31st total of 3,200 shares. Based on an average trading volume of 16,100 shares, the days-to-cover ratio is presently 0.7 days.

Lomiko Metals Stock Performance

Shares of OTCMKTS LMRMF opened at $0.12 on Friday. Lomiko Metals has a fifty-two week low of $0.07 and a fifty-two week high of $0.51. The business has a 50 day moving average price of $0.10 and a two-hundred day moving average price of $0.12.

Lomiko Metals (OTCMKTS:LMRMFGet Free Report) last released its earnings results on Monday, December 23rd. The company reported ($0.01) EPS for the quarter.

Lomiko Metals Company Profile

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Lomiko Metals Inc engages in the acquisition, exploration, and development of resource properties in Canada. It explores for graphite and lithium deposits. The company's flagship project is its 100% owned La Loutre graphite property located in Laurentian region of Quebec. The company was formerly known as Lomiko Resources Inc and changed its name to Lomiko Metals Inc in October 2008.

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