Silver Elephant Mining Corp. (OTCMKTS:SILEF) Short Interest Update

Silver Elephant Mining Corp. (OTCMKTS:SILEF) saw a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 14,061 shares, a decline of 42.8% from the July 15th total of 24,566 shares. Based on an average daily volume of 57,713 shares, the days-to-cover ratio is currently 0.2 days.

Silver Elephant Mining Stock Performance

Shares of Silver Elephant Mining stock traded down $0.01 during mid-day trading on Monday, hitting $0.09. The stock had a trading volume of 77,987 shares, compared to its average volume of 58,541. The firm has a 50-day moving average of $0.09 and a two-hundred day moving average of $0.13. Silver Elephant Mining has a 12-month low of $0.08 and a 12-month high of $0.31.

Silver Elephant Mining Company Profile

Silver Elephant Mining Corp. (OTCMKTS:SILEF) is a mineral exploration and development company focused on advancing its flagship Pulacayo silver–lead–zinc project in the historic Potosí mining district of southern Bolivia. The company’s primary objective is to bring Pulacayo into production, leveraging a resource base that ranks among the highest-grade undeveloped silver deposits globally. Alongside resource definition and permitting activities, Silver Elephant is engaged in engineering studies designed to optimize mine planning, metallurgical recovery and capital efficiencies.

Headquartered in Vancouver, British Columbia, Silver Elephant maintains technical and corporate offices in La Paz and Potosí, facilitating close collaboration with Bolivian government authorities, local communities and service providers.