Short Interest in New Age Metals Inc. (OTCMKTS:NMTLF) Decreases By 92.2%

New Age Metals Inc. (OTCMKTS:NMTLF) was the target of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totalling 1,700 shares, a decrease of 92.2% from the September 30th total of 21,900 shares. Based on an average trading volume of 105,100 shares, the days-to-cover ratio is currently 0.0 days.

New Age Metals Price Performance

Shares of New Age Metals stock traded down $0.00 during trading on Friday, hitting $0.09. 27,600 shares of the stock traded hands, compared to its average volume of 17,463. New Age Metals has a 52 week low of $0.01 and a 52 week high of $0.14. The firm’s fifty day moving average is $0.06 and its 200-day moving average is $0.04.

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.