Short Interest in New Age Metals Inc. (OTCMKTS:NMTLF) Grows By 9,500.0%

New Age Metals Inc. (OTCMKTS:NMTLF) was the target of a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 9,600 shares, a growth of 9,500.0% from the December 31st total of 100 shares. Based on an average daily volume of 16,700 shares, the days-to-cover ratio is presently 0.6 days.

New Age Metals Stock Performance

NMTLF traded down $0.00 during trading on Friday, reaching $0.05. 9,356 shares of the stock traded hands, compared to its average volume of 10,916. The stock’s 50-day moving average is $0.06 and its 200 day moving average is $0.06. New Age Metals has a 12 month low of $0.01 and a 12 month high of $0.14.

New Age Metals Company Profile

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.