Manganese X Energy Corp. (OTCMKTS:MNXXF – Get Free Report) was the recipient of a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 3,248 shares, a decline of 79.0% from the August 15th total of 15,495 shares. Based on an average daily volume of 109,790 shares, the short-interest ratio is presently 0.0 days.
Manganese X Energy Price Performance
OTCMKTS MNXXF opened at $0.07 on Friday. The stock has a 50-day moving average of $0.07 and a 200 day moving average of $0.08. Manganese X Energy has a twelve month low of $0.04 and a twelve month high of $0.13.
Manganese X Energy Company Profile
Manganese X Energy (OTCMKTS: MNXXF) is a mineral exploration and development company dedicated to advancing manganese projects for the battery and electric-vehicle markets. The company’s core focus is on identifying, acquiring and de-risking high-purity manganese deposits through systematic exploration, metallurgical testing and pilot-scale processing. By targeting manganese—a critical component in lithium-ion battery cathodes—Manganese X Energy aims to contribute to the growing demand for sustainable energy storage materials.
Through its technical programs, the company evaluates both hard-rock and oxide manganese occurrences, applying hydrometallurgical flowsheets to produce battery-grade manganese sulfate and other refined products.
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