Desert Mountain Energy Corp. (OTCMKTS:DMEHF – Get Free Report) saw a large increase in short interest in June. As of June 30th, there was short interest totaling 16,886 shares, an increase of 237.7% from the June 15th total of 5,000 shares. Based on an average daily volume of 184,003 shares, the short-interest ratio is currently 0.1 days.
Desert Mountain Energy Stock Performance
DMEHF stock opened at $0.14 on Monday. Desert Mountain Energy has a 52-week low of $0.12 and a 52-week high of $0.45. The company’s 50 day simple moving average is $0.20 and its 200-day simple moving average is $0.22.
Desert Mountain Energy Company Profile
Desert Mountain Energy Ltd (OTCMKTS:DMEHF) is an exploration and development company focused on unlocking lithium and geothermal resources in key basins of the western United States. With a strategic emphasis on sustainable technology and resource optimization, Desert Mountain Energy targets the growing demand for battery-grade lithium, a critical component in electric vehicles and renewable energy storage, as well as geothermal power generation.
The company holds exploration and development leases across multiple Nevada projects, including Clayton Valley, home to North America’s only producing lithium brine operation, as well as the Big Smoky and Fish Lake Valley basins.
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