Metallis Resources (OTCMKTS:MTLFF) Stock Price Up 14.1% – Still a Buy?

Metallis Resources Inc. (OTCMKTS:MTLFFGet Free Report)’s share price shot up 14.1% during mid-day trading on Thursday . The stock traded as high as $0.11 and last traded at $0.11. 357,032 shares changed hands during trading, an increase of 443% from the average session volume of 65,764 shares. The stock had previously closed at $0.10.

Metallis Resources Price Performance

The firm’s fifty day moving average price is $0.10 and its 200 day moving average price is $0.09.

About Metallis Resources

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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.

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