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

Neometals Price Performance

Shares of OTCMKTS:RRSSF opened at 0.63 on Friday. The business has a 50-day moving average price of 0.63 and a 200 day moving average price of 0.74. Neometals has a 12-month low of 0.52 and a 12-month high of 1.50.

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About Neometals

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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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