Pure Egy Minrls (OTCMKTS:PEMIF – Get Free Report) saw a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 32,551 shares, a growth of 1,054.7% from the July 30th total of 2,819 shares. Based on an average daily trading volume, of 28,993 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.1% of the company’s shares are sold short.
Pure Egy Minrls Trading Up 21.3%
PEMIF traded up $0.03 during trading on Tuesday, hitting $0.18. 6,468 shares of the stock traded hands, compared to its average volume of 17,760. The firm has a 50-day moving average of $0.16 and a 200 day moving average of $0.22. Pure Egy Minrls has a 12-month low of $0.10 and a 12-month high of $0.50.
About Pure Egy Minrls
Pure Energy Minerals Ltd. is a mineral exploration and development company focused on lithium brine resources essential for lithium-ion battery production. Headquartered in Vancouver, British Columbia, Pure Energy concentrates its efforts on advancing the Clayton Valley South project in Nevada, a region known for its high-grade lithium deposits. The company’s primary business activity is the exploration, evaluation and development of its flagship brine project, targeting commercially viable lithium extraction for the electric vehicle and energy storage markets.
The Clayton Valley South project encompasses over 800 acres of permitted exploration acreage adjacent to established lithium producers.
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