Guardian Metal Resources PLC (OTCMKTS:GMTLF) Sees Large Increase in Short Interest

Guardian Metal Resources PLC (OTCMKTS:GMTLF) was the recipient of a significant increase in short interest in May. As of May 15th, there was short interest totaling 30,559 shares, an increase of 1,124.8% from the April 30th total of 2,495 shares. Based on an average trading volume of 173,910 shares, the days-to-cover ratio is presently 0.2 days.

Guardian Metal Resources Stock Performance

Shares of GMTLF remained flat at $3.33 during mid-day trading on Wednesday. 24,852 shares of the stock traded hands, compared to its average volume of 178,716. Guardian Metal Resources has a 12-month low of $0.49 and a 12-month high of $4.25. The firm has a fifty day moving average of $3.40.

Guardian Metal Resources Company Profile

Guardian Metal Resources PLC engages in the exploration and exploitation of mineral resources in the United States. It primarily explores for tungsten, copper, gold, silver, lithium, and zinc deposits. The company’s flagship project is the 100% owned Pilot Mountain Project that covers an area of 5,908-acres located in Nevada. It also holds an option to acquire up to 100% interest in the Tempiute Project, co-flagship property, located in Nevada. The company was formerly known as Golden Metal Resources PLC and changed its name to Guardian Metal Resources PLC in June 2024.