Energy Transition Minerals Ltd (OTCMKTS:GDLNF) Sees Large Growth in Short Interest

Energy Transition Minerals Ltd (OTCMKTS:GDLNF) was the target of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 1,140,100 shares, an increase of 165.8% from the January 31st total of 429,000 shares. Based on an average trading volume of 413,300 shares, the days-to-cover ratio is presently 2.8 days.

Energy Transition Minerals Trading Up 14.4 %

GDLNF traded up $0.01 during trading hours on Friday, hitting $0.05. The company’s stock had a trading volume of 16,000 shares, compared to its average volume of 540,544. Energy Transition Minerals has a 12 month low of $0.01 and a 12 month high of $0.08. The business’s 50-day moving average price is $0.04 and its 200-day moving average price is $0.03.

About Energy Transition Minerals

Energy Transition Minerals Ltd involves in the mineral exploration and evaluation activities in Australia. It explores for rare earth elements and lithium. Its flagship project is the Kvanefjeld project located in southern Greenland. The company was formerly known as Greenland Minerals Limited and changed its name to Energy Transition Minerals Ltd in November 2022.