Silver Elephant Mining Corp. (OTCMKTS:SILEF) Short Interest Update

Silver Elephant Mining Corp. (OTCMKTS:SILEF) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 24,566 shares, an increase of 83.1% from the June 30th total of 13,420 shares. Based on an average daily volume of 66,538 shares, the days-to-cover ratio is presently 0.4 days.

Silver Elephant Mining Stock Up 4.6%

Shares of OTCMKTS:SILEF traded up $0.00 during mid-day trading on Thursday, hitting $0.09. 60,960 shares of the company traded hands, compared to its average volume of 60,223. The stock has a 50-day moving average price of $0.09 and a two-hundred day moving average price of $0.14. Silver Elephant Mining has a 12-month low of $0.08 and a 12-month high of $0.31.

Silver Elephant Mining Company Profile

Silver Elephant Mining Corp. (OTCMKTS:SILEF) is a mineral exploration and development company focused on advancing its flagship Pulacayo silver–lead–zinc project in the historic Potosí mining district of southern Bolivia. The company’s primary objective is to bring Pulacayo into production, leveraging a resource base that ranks among the highest-grade undeveloped silver deposits globally. Alongside resource definition and permitting activities, Silver Elephant is engaged in engineering studies designed to optimize mine planning, metallurgical recovery and capital efficiencies.

Headquartered in Vancouver, British Columbia, Silver Elephant maintains technical and corporate offices in La Paz and Potosí, facilitating close collaboration with Bolivian government authorities, local communities and service providers.