Pure Egy Minrls (OTCMKTS:PEMIF – Get Free Report) was the recipient of a large decline in short interest in October. As of October 15th, there was short interest totaling 785 shares, a decline of 79.0% from the September 30th total of 3,735 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 8,602 shares, the short-interest ratio is presently 0.1 days.
Pure Egy Minrls Trading Up 5.7%
Shares of OTCMKTS PEMIF opened at $0.14 on Thursday. Pure Egy Minrls has a 1 year low of $0.11 and a 1 year high of $0.50. The company’s 50-day moving average is $0.17 and its 200 day moving average is $0.21.
About Pure Egy Minrls
Pure Energy Minerals Ltd. is a mineral exploration and development company focused primarily on lithium resources. The company’s activities center on identifying, evaluating and advancing lithium-bearing properties that could support future battery-materials production.
Pure Energy’s principal asset is the Clayton Valley Lithium Project in Esmeralda County, Nevada, a region that hosts lithium brine operations and related infrastructure. The project is prospective for lithium brine resources and has been the company’s primary exploration focus.
The company is headquartered in Canada and has historically concentrated its exploration activities in the western United States.
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