New Age Metals Inc. (OTCMKTS:NMTLF) Sees Large Drop in Short Interest

New Age Metals Inc. (OTCMKTS:NMTLF) was the recipient of a significant drop in short interest in February. As of February 15th, there was short interest totalling 100 shares, a drop of 98.7% from the January 31st total of 7,500 shares. Based on an average daily volume of 103,400 shares, the short-interest ratio is presently 0.0 days.

New Age Metals Stock Down 4.2 %

Shares of NMTLF stock opened at $0.05 on Friday. New Age Metals has a 12-month low of $0.01 and a 12-month high of $0.14. The stock’s 50-day moving average price is $0.06 and its 200-day moving average price is $0.06.

About New Age Metals

New Age Metals Inc, a mineral exploration company, engages in the acquisition, exploration, and development of platinum group metals (PGMs), and precious and base metal properties in Canada. The company explores for rhodium, palladium, platinum, gold, nickel, copper, and lithium deposits. It holds interests in the River Valley PGE project located in the Dana and Pardo townships of Northern Ontario; the Genesis PGE project located in south central Alaska; and lithium projects situated to the northeast of Winnipeg, Manitoba.