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

Silver Elephant Mining Corp. (OTCMKTS:SILEF) was the target of a large decrease in short interest in July. As of July 31st, there was short interest totaling 14,061 shares, a decrease of 42.8% from the July 15th total of 24,566 shares. Based on an average daily trading volume, of 57,713 shares, the short-interest ratio is presently 0.2 days.

Silver Elephant Mining Stock Performance

Silver Elephant Mining stock opened at $0.10 on Wednesday. The business has a 50 day simple moving average of $0.09 and a 200 day simple moving average of $0.13. Silver Elephant Mining has a one year low of $0.08 and a one year high of $0.31.

About Silver Elephant Mining

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.