Metallis Resources Inc. (OTCMKTS:MTLFF) Short Interest Down 56.8% in December

Metallis Resources Inc. (OTCMKTS:MTLFF) was the target of a significant drop in short interest in the month of December. As of December 31st, there was short interest totalling 37,100 shares, a drop of 56.8% from the December 15th total of 85,900 shares. Based on an average trading volume of 111,900 shares, the days-to-cover ratio is presently 0.3 days.

Metallis Resources Price Performance

OTCMKTS MTLFF opened at $0.18 on Thursday. Metallis Resources has a 12-month low of $0.02 and a 12-month high of $0.25. The firm has a 50-day moving average price of $0.17 and a two-hundred day moving average price of $0.13.

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.