Pure Egy Minrls (OTCMKTS:PEMIF) Short Interest Up 974,900.0% in May

by · The Cerbat Gem

Pure Egy Minrls (OTCMKTS:PEMIF – Get Free Report) was the target of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 9,750 shares, a growth of 974,900.0% from the April 30th total of 1 shares. Based on an average trading volume of 70,422 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Pure Egy Minrls Price Performance

Shares of OTCMKTS PEMIF traded up $0.01 during trading on Wednesday, reaching $0.20. The stock had a trading volume of 1,170 shares, compared to its average volume of 23,955. Pure Egy Minrls has a one year low of $0.10 and a one year high of $0.50. The firm’s 50 day moving average price is $0.27 and its two-hundred day moving average price is $0.23.

Pure Egy Minrls Company Profile

(Get Free Report)

Pure Energy Minerals Ltd. is a mineral exploration and development company focused on lithium brine resources essential for lithium-ion battery production. Headquartered in Vancouver, British Columbia, Pure Energy concentrates its efforts on advancing the Clayton Valley South project in Nevada, a region known for its high-grade lithium deposits. The company’s primary business activity is the exploration, evaluation and development of its flagship brine project, targeting commercially viable lithium extraction for the electric vehicle and energy storage markets.

The Clayton Valley South project encompasses over 800 acres of permitted exploration acreage adjacent to established lithium producers.

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