Lomiko Metals Inc. (OTCMKTS:LMRMF) Sees Significant Decrease in Short Interest

Lomiko Metals Inc. (OTCMKTS:LMRMF) saw a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 1,000 shares, a decline of 82.5% from the February 28th total of 5,700 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 6,400 shares, the days-to-cover ratio is currently 0.2 days.

Lomiko Metals Trading Down 12.5 %

OTCMKTS:LMRMF traded down $0.02 during midday trading on Wednesday, reaching $0.11. 13,780 shares of the stock traded hands, compared to its average volume of 6,208. Lomiko Metals has a 12 month low of $0.07 and a 12 month high of $0.51. The company has a fifty day moving average of $0.11 and a 200 day moving average of $0.11.

Lomiko Metals (OTCMKTS:LMRMF) last released its quarterly earnings data on Wednesday, March 26th. The company reported ($0.01) earnings per share for the quarter.

Lomiko Metals Company Profile

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.