Silver Elephant Mining Corp. (OTCMKTS:SILEF – Get Free Report) was the target of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 24,566 shares, an increase of 83.1% from the June 30th total of 13,420 shares. Based on an average daily volume of 66,538 shares, the days-to-cover ratio is presently 0.4 days.
Silver Elephant Mining Trading Up 4.6%
SILEF stock traded up $0.00 during trading on Thursday, reaching $0.09. The stock had a trading volume of 60,960 shares, compared to its average volume of 60,223. Silver Elephant Mining has a one year low of $0.08 and a one year high of $0.31. The company’s 50 day moving average is $0.09 and its two-hundred day moving average is $0.14.
Silver Elephant Mining Company Profile
Silver Elephant Mining Corp. (OTCMKTS:SILEF) is a mineral exploration and development company focused on advancing its flagship Pulacayo silver–lead–zinc project in the historic Potosí mining district of southern Bolivia. The company’s primary objective is to bring Pulacayo into production, leveraging a resource base that ranks among the highest-grade undeveloped silver deposits globally. Alongside resource definition and permitting activities, Silver Elephant is engaged in engineering studies designed to optimize mine planning, metallurgical recovery and capital efficiencies.
Headquartered in Vancouver, British Columbia, Silver Elephant maintains technical and corporate offices in La Paz and Potosí, facilitating close collaboration with Bolivian government authorities, local communities and service providers.
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