Silver Elephant Mining Corp. (OTCMKTS:SILEF – Get Free Report) was the recipient of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 143,412 shares, a growth of 578.6% from the August 31st total of 21,135 shares. Based on an average daily volume of 78,952 shares, the short-interest ratio is presently 1.8 days.
Silver Elephant Mining Trading Up 1.4%
Shares of SILEF stock opened at $0.10 on Friday. Silver Elephant Mining has a 1 year low of $0.08 and a 1 year high of $0.31. The business’s fifty day moving average is $0.10 and its 200-day moving average is $0.11.
About Silver Elephant Mining
Silver Elephant Mining Corp. is a Canadian mineral exploration and development company focused primarily on silver and other precious-metal projects. Its principal asset is the Pulacayo silver project in Bolivia, a historic mining district with exploration and development potential.
The company’s activities include geological exploration, resource evaluation, permitting and project development. Silver Elephant has also pursued interests in other mineral properties, including gold exploration opportunities in Mexico and coal-related assets in Mongolia through its corporate subsidiaries and affiliates.
Silver Elephant is headquartered in Vancouver, British Columbia.
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