Manganese X Energy Corp. (OTCMKTS:MNXXF – Get Free Report) saw a large decrease in short interest in January. As of January 15th, there was short interest totaling 132,843 shares, a decrease of 39.4% from the December 31st total of 219,373 shares. Based on an average trading volume of 250,055 shares, the short-interest ratio is currently 0.5 days. Based on an average trading volume of 250,055 shares, the short-interest ratio is currently 0.5 days.
Manganese X Energy Stock Performance
OTCMKTS:MNXXF opened at $0.11 on Friday. The firm has a 50-day simple moving average of $0.09 and a 200-day simple moving average of $0.07. Manganese X Energy has a one year low of $0.03 and a one year high of $0.13.
About Manganese X Energy
Manganese X Energy (OTCMKTS: MNXXF) is a mineral exploration and development company dedicated to advancing manganese projects for the battery and electric-vehicle markets. The company’s core focus is on identifying, acquiring and de-risking high-purity manganese deposits through systematic exploration, metallurgical testing and pilot-scale processing. By targeting manganese—a critical component in lithium-ion battery cathodes—Manganese X Energy aims to contribute to the growing demand for sustainable energy storage materials.
Through its technical programs, the company evaluates both hard-rock and oxide manganese occurrences, applying hydrometallurgical flowsheets to produce battery-grade manganese sulfate and other refined products.
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