Metallis Resources Inc. (OTCMKTS:MTLFF) Short Interest Down 63.5% in August

Metallis Resources Inc. (OTCMKTS:MTLFF) was the target of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 3,400 shares, a decrease of 63.5% from the July 30th total of 9,316 shares. Based on an average daily trading volume, of 89,176 shares, the days-to-cover ratio is currently 0.0 days.

Metallis Resources Stock Up 8.5%

Shares of OTCMKTS MTLFF traded up $0.01 during midday trading on Friday, reaching $0.12. The company’s stock had a trading volume of 31,400 shares, compared to its average volume of 52,396. The company has a 50 day moving average price of $0.09 and a 200 day moving average price of $0.11. Metallis Resources has a one year low of $0.08 and a one year high of $0.40.

Metallis Resources Company Profile

Metallis Resources Inc engages in the exploration and development of mineral properties in Canada. The company primarily explores for gold, copper, nickel, and silver deposits. It holds 100% interest in the Kirkham property comprising 30 contiguous claims covering an area of approximately 10,610 hectares located in north-western British Columbia. It also holds 100% interest in the Greyhound property comprising two past producing silver/gold mines covering an area of 677 hectares located in the Idaho, the United States.