Leading Edge Materials Corp. (OTCMKTS:LEMIF) Short Interest Update

by · The Markets Daily

Leading Edge Materials Corp. (OTCMKTS:LEMIFGet Free Report) saw a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 39,510 shares, an increase of 100.8% from the July 30th total of 19,674 shares. Based on an average daily trading volume, of 13,346 shares, the short-interest ratio is presently 3.0 days.

Leading Edge Materials Stock Performance

LEMIF stock traded up $0.00 on Friday, reaching $0.19. The company’s stock had a trading volume of 6,250 shares, compared to its average volume of 44,485. Leading Edge Materials has a 52 week low of $0.12 and a 52 week high of $0.32. The firm has a fifty day moving average of $0.20 and a two-hundred day moving average of $0.21.

About Leading Edge Materials

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Leading Edge Materials (OTCMKTS:LEMIF) is a resource company focused on the exploration and development of critical metals that play a key role in the transition to clean energy. The company’s primary activities center on advanced-stage projects for graphite and rare earth elements, as well as early‐stage exploration assets targeting lithium and other technology metals. Through a combination of strategic acquisitions and greenfield discoveries, Leading Edge Materials aims to establish itself as a reliable supplier of battery‐grade raw materials to global markets.

The company’s flagship asset is the Woxna Graphite Mine in central Sweden, one of Europe’s few operating graphite deposits.

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