Surge Battery Metals Inc. (OTCMKTS:NILIF) Sees Large Decline in Short Interest

Surge Battery Metals Inc. (OTCMKTS:NILIF) was the recipient of a large decline in short interest in November. As of November 15th, there was short interest totalling 6,000 shares, a decline of 56.2% from the October 31st total of 13,700 shares. Based on an average trading volume of 198,000 shares, the short-interest ratio is presently 0.0 days.

Surge Battery Metals Stock Performance

NILIF stock traded down $0.00 during trading on Thursday, reaching $0.26. 63,230 shares of the company traded hands, compared to its average volume of 109,843. The business has a 50 day simple moving average of $0.31 and a 200 day simple moving average of $0.28. Surge Battery Metals has a 12 month low of $0.20 and a 12 month high of $0.62. The company has a market capitalization of $42.24 million and a price-to-earnings ratio of -5.12.

Surge Battery Metals Company Profile

Surge Battery Metals Inc, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in North America. It primarily explores for lithium and nickel. The company's flagship property is the 100% owned Nevada North lithium project consisting of 243 mineral claims located in Elko County, Nevada.