Short Interest in Peruvian Metals Corp (OTCMKTS:DUVNF) Increases By 121.1%

Peruvian Metals Corp (OTCMKTS:DUVNFGet Free Report) was the recipient of a significant increase in short interest in July. As of July 15th, there was short interest totaling 246,929 shares, an increase of 121.1% from the June 30th total of 111,700 shares. Based on an average trading volume of 227,416 shares, the days-to-cover ratio is currently 1.1 days.

Peruvian Metals Stock Up 3.2%

Shares of Peruvian Metals stock opened at $0.12 on Thursday. The firm’s 50 day moving average is $0.14 and its 200 day moving average is $0.13. Peruvian Metals has a 1 year low of $0.01 and a 1 year high of $0.24.

About Peruvian Metals

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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.

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