Desert Mountain Energy Corp. (OTCMKTS:DMEHF – Get Free Report) was the recipient of a large decline in short interest in June. As of June 15th, there was short interest totaling 5,000 shares, a decline of 78.1% from the May 31st total of 22,868 shares. Based on an average daily volume of 137,657 shares, the short-interest ratio is presently 0.0 days.
Desert Mountain Energy Stock Performance
Shares of OTCMKTS DMEHF opened at $0.16 on Monday. Desert Mountain Energy has a 1 year low of $0.12 and a 1 year high of $0.45. The company’s 50-day moving average is $0.22 and its 200 day moving average is $0.22.
About Desert Mountain Energy
Desert Mountain Energy Ltd (OTCMKTS:DMEHF) is an exploration and development company focused on unlocking lithium and geothermal resources in key basins of the western United States. With a strategic emphasis on sustainable technology and resource optimization, Desert Mountain Energy targets the growing demand for battery-grade lithium, a critical component in electric vehicles and renewable energy storage, as well as geothermal power generation.
The company holds exploration and development leases across multiple Nevada projects, including Clayton Valley, home to North America’s only producing lithium brine operation, as well as the Big Smoky and Fish Lake Valley basins.
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