Guardian Metal Resources PLC American Depositary Shares, each representing five (5)’s (NYSEAMERICAN:GMTL) Lock-Up Period Set To Expire Tomorrow

Guardian Metal Resources PLC American Depositary Shares, each representing five (5)’s (NYSEAMERICAN:GMTL) lock-up period will expire on Wednesday, September 16th. Guardian Metal Resources PLC American Depositary Shares, each representing five (5) had issued 4,444,400 shares in its initial public offering on March 20th. The total size of the offering was $59,999,400 based on an initial share price of $13.50. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the end of the lock-up period.

Analyst Upgrades and Downgrades

Separately, DA Davidson reaffirmed a “buy” rating and set a $30.00 price objective on shares of Guardian Metal Resources PLC American Depositary Shares, each representing five (5) in a research note on Wednesday, July 1st. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $30.00.

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

Shares of GMTL opened at $10.56 on Tuesday. The company’s 50-day moving average is $11.59. Guardian Metal Resources PLC American Depositary Shares, each representing five has a 1-year low of $8.60 and a 1-year high of $22.20.

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

Guardian Metal Resources PLC is a mineral exploration and development company focused on identifying and advancing deposits of critical and strategic metals in the United States. The company’s portfolio is centered on projects in Nevada, a major mining jurisdiction, and includes targets for tungsten, copper, silver, zinc and other metals.

Its principal asset is the Pilot Mountain project in western Nevada, which is recognized for its tungsten-copper-silver-zinc mineralization. Guardian Metal is conducting exploration, resource evaluation and project-development work aimed at defining the economic potential of the property.