Silver Elephant Mining (OTCMKTS:SILEF) Trading Up 3% – Should You Buy?

Silver Elephant Mining Corp. (OTCMKTS:SILEFGet Free Report) shares rose 3% during mid-day trading on Wednesday . The stock traded as high as $0.2297 and last traded at $0.2267. Approximately 23,290 shares changed hands during trading, a decline of 74% from the average daily volume of 89,689 shares. The stock had previously closed at $0.22.

Silver Elephant Mining Price Performance

The stock’s fifty day moving average is $0.23 and its two-hundred day moving average is $0.19.

About Silver Elephant Mining

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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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