Short Interest in Silver Elephant Mining Corp. (OTCMKTS:SILEF) Rises By 185.5%

Silver Elephant Mining Corp. (OTCMKTS:SILEF) was the recipient of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 21,135 shares, a growth of 185.5% from the August 15th total of 7,402 shares. Based on an average daily trading volume, of 66,571 shares, the short-interest ratio is presently 0.3 days.

Silver Elephant Mining Price Performance

OTCMKTS SILEF opened at $0.10 on Friday. Silver Elephant Mining has a 52 week low of $0.08 and a 52 week high of $0.31. The stock has a fifty day moving average of $0.10 and a 200-day moving average of $0.11.

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.