Pacific North West Capital Corp. (OTCMKTS:NMTLF) Stock Short Interest Drops 82.5%

Pacific North West Capital Corp. (OTCMKTS:NMTLF) was the recipient of a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 16,959 shares, a drop of 82.5% from the September 15th total of 97,107 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 72,074 shares, the days-to-cover ratio is presently 0.2 days.

Pacific North West Capital Price Performance

Shares of OTCMKTS NMTLF opened at $0.14 on Friday. The firm’s 50-day simple moving average is $0.16 and its 200 day simple moving average is $0.20. The stock has a market cap of $11.06 million, a P/E ratio of -13.86 and a beta of 1.11. Pacific North West Capital has a fifty-two week low of $0.12 and a fifty-two week high of $0.45.

Pacific North West Capital (OTCMKTS:NMTLF) last released its earnings results on Tuesday, August 25th. The company reported ($0.01) earnings per share (EPS) for the quarter.

Pacific North West Capital Company Profile

Pacific North West Capital Corp. was a Canadian mineral exploration company focused primarily on identifying, acquiring and advancing properties prospective for platinum group metals and other base and precious metals.

The company’s principal asset was the River Valley PGM Project near Sudbury, Ontario. Pacific North West Capital also evaluated and held interests in other mineral properties in Canada and the United States, with exploration activities generally centered on platinum, palladium, nickel, copper and related minerals.

As an exploration-stage company, Pacific North West Capital’s activities involved geological evaluation, drilling, resource development and seeking strategic or joint-venture opportunities rather than operating producing mines.