Peruvian Metals Corp (OTCMKTS:DUVNF) Short Interest Update

Peruvian Metals Corp (OTCMKTS:DUVNF) saw a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 11,565 shares, a decline of 67.4% from the May 14th total of 35,477 shares. Based on an average daily trading volume, of 155,182 shares, the days-to-cover ratio is currently 0.1 days.

Peruvian Metals Price Performance

OTCMKTS:DUVNF opened at $0.14 on Thursday. Peruvian Metals has a one year low of $0.01 and a one year high of $0.24. The company’s 50-day simple moving average is $0.17 and its 200 day simple moving average is $0.11.

Peruvian Metals Company Profile

Peruvian Metals Corp is a Canada-based mineral exploration company focused on the acquisition, exploration and development of copper, gold, silver and molybdenum porphyry projects in Peru. The company holds three principal projects—Breapampa, Huacrón and Parihuanca—located in the southern highlands of Peru, each of which lies within proven mining districts and exhibits evidence of porphyry-style mineralization. Peruvian Metals employs systematic mapping, surface sampling and geophysical surveys to define drill targets and advance its projects toward resource delineation.

The Breapampa and Huacrón projects are being advanced under a joint‐venture agreement with a major international mining group, whereby Peruvian Metals can earn up to a 70% interest through staged exploration expenditures and work commitments.