New Age Metals Inc. (OTCMKTS:NMTLF) Short Interest Up 125.6% in March

New Age Metals Inc. (OTCMKTS:NMTLF) was the recipient of a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 51,200 shares, a growth of 125.6% from the March 15th total of 22,700 shares. Based on an average trading volume of 19,600 shares, the short-interest ratio is currently 2.6 days. Currently, 0.1% of the company’s stock are sold short.

New Age Metals Stock Up 1.6 %

Shares of OTCMKTS NMTLF opened at $0.08 on Friday. The firm’s 50-day moving average price is $0.07 and its 200-day moving average price is $0.07. New Age Metals has a 52-week low of $0.01 and a 52-week high of $0.14.

About New Age Metals

New Age Metals Inc, a mineral exploration company, engages in the acquisition, exploration, and development of platinum group metals (PGMs), and precious and base metal properties in Canada. The company explores for rhodium, palladium, platinum, gold, nickel, copper, and lithium deposits. It holds interests in the River Valley PGE project located in the Dana and Pardo townships of Northern Ontario; the Genesis PGE project located in south central Alaska; and lithium projects situated to the northeast of Winnipeg, Manitoba.