Short Interest in Surge Battery Metals Inc. (OTCMKTS:NILIF) Expands By 50.9%

Surge Battery Metals Inc. (OTCMKTS:NILIF) saw a large growth in short interest in September. As of September 15th, there was short interest totalling 8,000 shares, a growth of 50.9% from the August 31st total of 5,300 shares. Based on an average trading volume of 156,800 shares, the days-to-cover ratio is presently 0.1 days.

Surge Battery Metals Trading Down 1.9 %

OTCMKTS NILIF traded down $0.01 on Friday, reaching $0.29. 76,338 shares of the stock were exchanged, compared to its average volume of 108,910. Surge Battery Metals has a one year low of $0.20 and a one year high of $0.86. The firm has a market capitalization of $47.51 million and a PE ratio of -4.82. The company’s 50-day simple moving average is $0.25 and its two-hundred day simple moving average is $0.28.

Surge Battery Metals (OTCMKTS:NILIF) last announced its quarterly earnings data on Monday, August 19th. The company reported ($0.01) EPS for the quarter, meeting the consensus estimate of ($0.01). Sell-side analysts forecast that Surge Battery Metals will post -0.03 earnings per share for the current fiscal year.

Surge Battery Metals Company Profile

Surge Battery Metals Inc, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in North America. It primarily explores for lithium and nickel. The company's flagship property is the 100% owned Nevada North lithium project consisting of 243 mineral claims located in Elko County, Nevada.