Pure Energy Minerals Limited (OTCMKTS:PEMIF) Short Interest Update

Pure Energy Minerals Limited (OTCMKTS:PEMIF) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 10,000 shares, an increase of 316.7% from the August 15th total of 2,400 shares. Based on an average daily trading volume, of 131,500 shares, the short-interest ratio is currently 0.1 days.

Shares of OTCMKTS:PEMIF opened at $1.08 on Wednesday. The stock’s 50-day moving average price is $1.06 and its two-hundred day moving average price is $1.08. Pure Energy Minerals has a 12-month low of $0.06 and a 12-month high of $2.07. The firm has a market cap of $35.58 million, a price-to-earnings ratio of -108.46 and a beta of 1.63.

Pure Energy Minerals Company Profile

Pure Energy Minerals Ltd. is a mineral resource company. The firm engages in the exploration and development of mineral properties. It focuses on lithium brine projects that are located in Clayton Valley, Nevada, and Salta Province, Argentina. The company was founded by Jeremy Poirier on June 7, 1999 and is headquartered in Vancouver, Canada.

Featured Story: Why are percentage gainers important?

Receive News & Ratings for Pure Energy Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pure Energy Minerals and related companies with MarketBeat.com's FREE daily email newsletter.