Pure Egy Minrls (OTCMKTS:PEMIF – Get Free Report) saw a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 9,750 shares, an increase of 974,900.0% from the April 30th total of 1 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 70,422 shares, the days-to-cover ratio is currently 0.1 days.
Pure Egy Minrls Trading Down 3.7%
Shares of PEMIF opened at $0.19 on Friday. The company’s fifty day moving average is $0.26 and its two-hundred day moving average is $0.23. Pure Egy Minrls has a fifty-two week low of $0.10 and a fifty-two week high of $0.50.
Pure Egy Minrls Company Profile
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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