Short Interest in Metallis Resources Inc. (OTCMKTS:MTLFF) Drops By 63.5%

Metallis Resources Inc. (OTCMKTS:MTLFF) was the recipient of a large 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 trading volume of 89,176 shares, the days-to-cover ratio is presently 0.0 days.

Metallis Resources Stock Up 8.5%

OTCMKTS:MTLFF traded up $0.01 during trading hours on Friday, hitting $0.12. The stock had a trading volume of 31,400 shares, compared to its average volume of 52,396. The business has a 50 day simple moving average of $0.09 and a two-hundred day simple moving average of $0.11. Metallis Resources has a 1-year low of $0.08 and a 1-year high of $0.40.

About Metallis Resources

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.