Silver Elephant Mining Corp. (OTCMKTS:SILEF – Get Free Report) was the recipient of a large increase in short interest in September. As of September 15th, there was short interest totaling 143,412 shares, an increase of 578.6% from the August 31st total of 21,135 shares. Based on an average trading volume of 78,952 shares, the short-interest ratio is currently 1.8 days.
Silver Elephant Mining Trading Up 1.4%
Shares of OTCMKTS SILEF opened at $0.10 on Friday. The firm’s 50-day moving average price is $0.10 and its 200-day moving average price is $0.11. Silver Elephant Mining has a 1-year low of $0.08 and a 1-year high of $0.31.
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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