Short Interest in Surge Battery Metals Inc. (OTCMKTS:NILIF) Drops By 12.4%

Surge Battery Metals Inc. (OTCMKTS:NILIFGet Free Report) was the recipient of a significant decline in short interest in the month of January. As of January 15th, there was short interest totalling 8,500 shares, a decline of 12.4% from the December 31st total of 9,700 shares. Based on an average trading volume of 110,700 shares, the days-to-cover ratio is currently 0.1 days.

Surge Battery Metals Price Performance

NILIF opened at $0.25 on Friday. Surge Battery Metals has a twelve month low of $0.20 and a twelve month high of $0.43. The firm has a 50 day moving average price of $0.25 and a 200-day moving average price of $0.27.

Surge Battery Metals (OTCMKTS:NILIFGet Free Report) last issued its quarterly earnings data on Friday, November 22nd. The company reported ($0.01) EPS for the quarter, hitting the consensus estimate of ($0.01). Equities research analysts anticipate that Surge Battery Metals will post -0.03 EPS for the current fiscal year.

Surge Battery Metals Company Profile

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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.

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