Manganese X Energy Corp. (OTCMKTS:MNXXF – Get Free Report) saw a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 219,373 shares, a growth of 884.9% from the December 15th total of 22,273 shares. Based on an average daily volume of 325,297 shares, the short-interest ratio is presently 0.7 days. Based on an average daily volume of 325,297 shares, the short-interest ratio is presently 0.7 days.
Manganese X Energy Stock Performance
MNXXF stock traded up $0.00 during midday trading on Monday, reaching $0.09. The stock had a trading volume of 144,058 shares, compared to its average volume of 152,708. The firm has a fifty day simple moving average of $0.09 and a two-hundred day simple moving average of $0.06. Manganese X Energy has a 52-week low of $0.03 and a 52-week high of $0.13.
Manganese X Energy Company Profile
Manganese X Energy (OTCMKTS: MNXXF) is a mineral exploration and development company dedicated to advancing manganese projects for the battery and electric-vehicle markets. The company’s core focus is on identifying, acquiring and de-risking high-purity manganese deposits through systematic exploration, metallurgical testing and pilot-scale processing. By targeting manganese—a critical component in lithium-ion battery cathodes—Manganese X Energy aims to contribute to the growing demand for sustainable energy storage materials.
Through its technical programs, the company evaluates both hard-rock and oxide manganese occurrences, applying hydrometallurgical flowsheets to produce battery-grade manganese sulfate and other refined products.
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