Manganese X Energy Corp. (OTCMKTS:MNXXF – Get Free Report) was the target of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 6,694 shares. Based on an average daily volume of 87,612 shares, the days-to-cover ratio is currently 0.1 days.
Manganese X Energy Stock Down 2.2%
Shares of OTCMKTS MNXXF traded down $0.00 during midday trading on Friday, hitting $0.06. The company had a trading volume of 188,450 shares, compared to its average volume of 86,121. Manganese X Energy has a twelve month low of $0.05 and a twelve month high of $0.13. The business has a 50-day simple moving average of $0.07 and a two-hundred day simple moving average of $0.08.
Manganese X Energy Company Profile
Manganese X Energy Corp. is a Canadian mineral exploration and development company focused on advancing manganese resources for use in the electric-vehicle and energy-storage industries. The company’s primary asset is the Battery Hill manganese project near Woodstock, New Brunswick, Canada.
Manganese X is working to evaluate and develop Battery Hill as a potential source of battery-grade manganese products, including high-purity manganese sulphate used in certain lithium-ion battery chemistries.
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