Short Interest in Industrias Peñoles, S.A.B. de C.V. (OTCMKTS:IPOAF) Expands By 7,189.4%

Industrias Peñoles, S.A.B. de C.V. (OTCMKTS:IPOAF) saw a large growth in short interest in March. As of March 13th, there was short interest totaling 1,699,878 shares, a growth of 7,189.4% from the February 26th total of 23,320 shares. Based on an average daily trading volume, of 5,471 shares, the short-interest ratio is currently 310.7 days.

Industrias Peñoles Trading Up 2.7%

Industrias Peñoles stock opened at $44.89 on Thursday. Industrias Peñoles has a 12-month low of $15.92 and a 12-month high of $71.00. The business’s 50-day moving average price is $57.51 and its two-hundred day moving average price is $48.83.

Industrias Peñoles Company Profile

Industrias Peñoles, SAB. de C.V. (OTCMKTS: IPOAF) is a Mexico-based mining and metals company specializing in the exploration, extraction and processing of non-ferrous metals. The company’s core activities encompass the mining of silver, gold, copper, zinc and lead ores, as well as the operation of smelting and refining facilities that produce high-purity metals for industrial and commercial markets worldwide. Peñoles is widely recognized as one of the largest primary silver producers globally and maintains integrated production capabilities from mine to market.

Peñoles operates a diversified portfolio of mines and metallurgical complexes largely concentrated in Mexico, with additional exploration projects and partnerships in Latin America.