Surge Battery Metals Inc. (OTCMKTS:NILIF) Short Interest Down 92.2% in July

Surge Battery Metals Inc. (OTCMKTS:NILIF) saw a significant decrease in short interest in July. As of July 15th, there was short interest totalling 7,500 shares, a decrease of 92.2% from the June 30th total of 95,600 shares. Based on an average daily trading volume, of 188,700 shares, the short-interest ratio is presently 0.0 days.

Surge Battery Metals Stock Down 3.8 %

Shares of OTCMKTS:NILIF traded down $0.01 during trading on Friday, hitting $0.25. 216,743 shares of the company were exchanged, compared to its average volume of 117,055. The business’s 50 day moving average is $0.29 and its 200-day moving average is $0.32. The company has a market capitalization of $41.06 million and a P/E ratio of -4.17. Surge Battery Metals has a 1-year low of $0.24 and a 1-year high of $1.15.

Surge Battery Metals (OTCMKTS:NILIF) last announced its quarterly earnings results on Friday, April 26th. The company reported ($0.02) earnings per share (EPS) for the quarter. As a group, sell-side analysts anticipate that Surge Battery Metals will post -0.03 earnings per share for the current year.

Surge Battery Metals Company Profile

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.