Surge Battery Metals Inc. (OTCMKTS:NILIF) Short Interest Down 12.4% in January

Surge Battery Metals Inc. (OTCMKTS:NILIFGet Free Report) was the target of a significant drop in short interest in the month of January. As of January 15th, there was short interest totalling 8,500 shares, a drop of 12.4% from the December 31st total of 9,700 shares. Based on an average trading volume of 110,700 shares, the days-to-cover ratio is presently 0.1 days.

Surge Battery Metals Price Performance

NILIF opened at $0.25 on Monday. Surge Battery Metals has a 52-week low of $0.20 and a 52-week high of $0.43. The business’s fifty day moving average is $0.25 and its 200-day moving average is $0.27.

Surge Battery Metals (OTCMKTS:NILIFGet Free Report) last posted its quarterly earnings results on Friday, November 22nd. The company reported ($0.01) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.01). On average, research analysts expect that Surge Battery Metals will post -0.03 earnings per share for the current year.

About Surge Battery Metals

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Surge Battery Metals Inc, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in North America. It primarily explores for lithium and nickel. The company's flagship property is the 100% owned Nevada North lithium project consisting of 243 mineral claims located in Elko County, Nevada.

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