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

New Age Metals Inc. (OTCMKTS:NMTLF) was the recipient of a large increase in short interest in March. As of March 15th, there was short interest totalling 22,700 shares, an increase of 22,600.0% from the February 28th total of 100 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 51,600 shares, the short-interest ratio is presently 0.4 days.

New Age Metals Stock Performance

Shares of OTCMKTS NMTLF opened at $0.08 on Friday. New Age Metals has a 1-year low of $0.01 and a 1-year high of $0.14. The business has a fifty day moving average price of $0.06 and a 200 day moving average price of $0.07.

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.