Short Interest in Metallis Resources Inc. (OTCMKTS:MTLFF) Decreases By 56.8%

Metallis Resources Inc. (OTCMKTS:MTLFF) was the target of a large decline in short interest during the month of December. As of December 31st, there was short interest totalling 37,100 shares, a decline of 56.8% from the December 15th total of 85,900 shares. Based on an average trading volume of 111,900 shares, the days-to-cover ratio is presently 0.3 days.

Metallis Resources Stock Up 2.9 %

Shares of Metallis Resources stock opened at $0.18 on Thursday. Metallis Resources has a 1 year low of $0.02 and a 1 year high of $0.25. The business has a fifty day simple moving average of $0.17 and a two-hundred day simple moving average of $0.13.

About Metallis Resources

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.