Metallis Resources Inc. (OTCMKTS:MTLFF) Sees Significant Growth in Short Interest

Metallis Resources Inc. (OTCMKTS:MTLFF) was the target of a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 77,600 shares, a growth of 146.3% from the February 13th total of 31,500 shares. Based on an average daily volume of 80,200 shares, the days-to-cover ratio is presently 1.0 days.

Metallis Resources Trading Up 1.1 %

MTLFF stock traded up $0.00 during midday trading on Friday, hitting $0.13. The company’s stock had a trading volume of 17,130 shares, compared to its average volume of 55,141. Metallis Resources has a 12 month low of $0.05 and a 12 month high of $0.25. The company has a 50 day moving average of $0.15 and a two-hundred day moving average of $0.15.

About Metallis Resources

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.