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

Pure Egy Minrls (OTCMKTS:PEMIF) saw a large increase in short interest in May. As of May 15th, there was short interest totaling 9,750 shares, an increase of 974,900.0% from the April 30th total of 1 shares. Based on an average daily volume of 70,422 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Pure Egy Minrls Stock Performance

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

About Pure Egy Minrls

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.