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

Metallis Resources Inc. (OTCMKTS:MTLFF) saw a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 31,500 shares, a drop of 17.8% from the January 31st total of 38,300 shares. Based on an average daily volume of 262,600 shares, the days-to-cover ratio is currently 0.1 days.

Metallis Resources Trading Down 1.7 %

OTCMKTS MTLFF traded down $0.00 on Wednesday, reaching $0.12. 20,250 shares of the stock traded hands, compared to its average volume of 60,318. Metallis Resources has a 12 month low of $0.05 and a 12 month high of $0.25. The company has a fifty day moving average price of $0.16 and a 200-day moving average price of $0.15.

Metallis Resources Company Profile

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.