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Neometals Ltd (OTCMKTS:RRSSF) Short Interest Up 20.0% in December

kopsource ·  Jan 21, 2023 15:21

Neometals Ltd (OTCMKTS:RRSSF – Get Rating) was the target of a significant increase in short interest in the month of December. As of December 30th, there was short interest totalling 600 shares, an increase of 20.0% from the December 15th total of 500 shares. Based on an average daily volume of 12,000 shares, the short-interest ratio is presently 0.1 days.

Neometals Stock Performance

RRSSF stock remained flat at 0.63 during midday trading on Friday. The business's fifty day moving average price is 0.63 and its two-hundred day moving average price is 0.74. Neometals has a twelve month low of 0.52 and a twelve month high of 1.50.

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Neometals Company Profile

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Neometals Ltd explores for mineral projects in Australia. The company operates through three segments: Lithium, Titanium/Vanadium, and Other. Its projects include the Lithium-ion Battery Recycling project, which recovers cobalt and other materials from spent and scrap lithium batteries; Vanadium Recovery project, which recovers vanadium pentoxide through processing of steelmaking by-products; Lithium Refinery project; and Barrambie Titanium and Vanadium project located in Western Australia.

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