Peruvian Metals Corp (OTCMKTS:DUVNF) Short Interest Up 121.1% in July

Peruvian Metals Corp (OTCMKTS:DUVNF) saw a significant growth in short interest in July. As of July 15th, there was short interest totaling 246,929 shares, a growth of 121.1% from the June 30th total of 111,700 shares. Based on an average daily volume of 227,416 shares, the short-interest ratio is currently 1.1 days.

Peruvian Metals Stock Performance

OTCMKTS:DUVNF traded down $0.00 on Tuesday, hitting $0.12. 31,400 shares of the stock were exchanged, compared to its average volume of 99,174. Peruvian Metals has a 52 week low of $0.01 and a 52 week high of $0.24. The company’s 50-day moving average price is $0.15 and its 200 day moving average price is $0.13.

Peruvian Metals Company Profile

Peruvian Metals Corp is a Canada-based mineral exploration company focused on the acquisition, exploration and development of copper, gold, silver and molybdenum porphyry projects in Peru. The company holds three principal projects—Breapampa, Huacrón and Parihuanca—located in the southern highlands of Peru, each of which lies within proven mining districts and exhibits evidence of porphyry-style mineralization. Peruvian Metals employs systematic mapping, surface sampling and geophysical surveys to define drill targets and advance its projects toward resource delineation.

The Breapampa and Huacrón projects are being advanced under a joint‐venture agreement with a major international mining group, whereby Peruvian Metals can earn up to a 70% interest through staged exploration expenditures and work commitments.