Short Interest in Guardian Metal Resources PLC American Depositary Shares, each representing five (5) (NYSEAMERICAN:GMTL) Increases By 75.8%

Guardian Metal Resources PLC American Depositary Shares, each representing five (5) (NYSEAMERICAN:GMTL) was the target of a significant increase in short interest in May. As of May 29th, there was short interest totaling 270,309 shares, an increase of 75.8% from the May 14th total of 153,775 shares. Based on an average trading volume of 179,208 shares, the short-interest ratio is currently 1.5 days.

Analyst Ratings Changes

Several brokerages have issued reports on GMTL. BMO Capital Markets began coverage on Guardian Metal Resources PLC American Depositary Shares, each representing five (5) in a report on Tuesday, April 14th. They issued an “outperform” rating on the stock. Maxim Group lowered Guardian Metal Resources PLC American Depositary Shares, each representing five (5) from a “buy” rating to a “hold” rating in a research note on Monday, April 20th. Finally, DA Davidson upgraded Guardian Metal Resources PLC American Depositary Shares, each representing five (5) to a “strong-buy” rating in a research note on Wednesday, April 15th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $30.00.

Guardian Metal Resources PLC American Depositary Shares, each representing five (5) Stock Performance

Shares of NYSEAMERICAN GMTL traded up $1.25 during mid-day trading on Tuesday, hitting $16.65. The company had a trading volume of 302,592 shares, compared to its average volume of 254,243. Guardian Metal Resources PLC American Depositary Shares, each representing five has a 1 year low of $12.52 and a 1 year high of $22.20. The business’s 50-day simple moving average is $16.89.