Guardian Metal Resources PLC American Depositary Shares, each representing five (5) (NYSEAMERICAN:GMTL) Shares Shorted: Short Interest Down 38.4% in October

Guardian Metal Resources PLC American Depositary Shares, each representing five (5) (NYSEAMERICAN:GMTL) was the target of a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 362,337 shares, a decrease of 38.4% from the September 30th total of 587,932 shares. Based on an average daily trading volume, of 238,056 shares, the short-interest ratio is currently 1.5 days. Approximately 0.9% of the company’s shares are short sold.

Guardian Metal Resources PLC American Depositary Shares, each representing five (5) Stock Down 6.4%

Shares of NYSEAMERICAN:GMTL traded down $0.34 during midday trading on Monday, reaching $4.96. 598,894 shares of the company’s stock were exchanged, compared to its average volume of 246,118. The firm’s 50 day simple moving average is $9.16 and its two-hundred day simple moving average is $13.04. Guardian Metal Resources PLC American Depositary Shares, each representing five has a fifty-two week low of $4.58 and a fifty-two week high of $22.20.

Guardian Metal Resources PLC American Depositary Shares, each representing five (5) (NYSEAMERICAN:GMTL) last posted its earnings results on Tuesday, September 15th. The company reported ($0.06) EPS for the quarter.

Wall Street Analysts Forecast Growth

Separately, DA Davidson reaffirmed a “buy” rating and set a $30.00 price target on shares of Guardian Metal Resources PLC American Depositary Shares, each representing five (5) in a research report on Tuesday, September 15th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $30.00.

Guardian Metal Resources PLC American Depositary Shares, each representing five (5) Company Profile

Guardian Metal Resources PLC is a United Kingdom-based mineral exploration and development company focused on tungsten and other critical and strategic metals in the United States. The company’s activities include acquiring, evaluating, exploring and advancing mineral properties rather than operating producing mines.

Its principal asset is the Pilot Mountain project in Nevada, a historically recognized tungsten district that also contains copper, silver and zinc mineralization. Guardian Metal Resources is working to define and advance the project’s mineral potential through exploration, technical studies and development planning.

The company’s portfolio is focused primarily on mineral opportunities in Nevada and is intended to support the potential domestic supply of tungsten and other metals used in industrial, defense and technology applications.