Silver Elephant Mining Corp. (OTCMKTS:SILEF) Short Interest Update
by Mitch Edgeman · The Markets DailySilver Elephant Mining Corp. (OTCMKTS:SILEF – Get Free Report) was the recipient of a significant increase in short interest in July. As of July 15th, there was short interest totaling 24,566 shares, an increase of 83.1% from the June 30th total of 13,420 shares. Based on an average daily volume of 66,538 shares, the days-to-cover ratio is presently 0.4 days.
Silver Elephant Mining Price Performance
Silver Elephant Mining stock traded down $0.00 during mid-day trading on Friday, reaching $0.09. 521 shares of the company’s stock traded hands, compared to its average volume of 60,139. The stock has a 50 day moving average of $0.09 and a two-hundred day moving average of $0.14. 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.