Short Interest in Peruvian Metals Corp (OTCMKTS:DUVNF) Declines By 90.3%

Peruvian Metals Corp (OTCMKTS:DUVNF) was the recipient of a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 7,324 shares, a decrease of 90.3% from the April 15th total of 75,264 shares. Based on an average daily volume of 94,817 shares, the short-interest ratio is currently 0.1 days.

Peruvian Metals Trading Down 3.0%

Shares of DUVNF traded down $0.01 during midday trading on Monday, hitting $0.22. The company’s stock had a trading volume of 574,996 shares, compared to its average volume of 109,109. Peruvian Metals has a one year low of $0.01 and a one year high of $0.24. The company’s fifty day simple moving average is $0.15 and its two-hundred day simple moving average is $0.08.

About Peruvian Metals

Peruvian Metals Corp is a Canada-based mineral exploration company focused on the acquisition, exploration and development of copper, gold, silver and molybdenum porphyry projects in Peru. The company holds three principal projects—Breapampa, Huacrón and Parihuanca—located in the southern highlands of Peru, each of which lies within proven mining districts and exhibits evidence of porphyry-style mineralization. Peruvian Metals employs systematic mapping, surface sampling and geophysical surveys to define drill targets and advance its projects toward resource delineation.

The Breapampa and Huacrón projects are being advanced under a joint‐venture agreement with a major international mining group, whereby Peruvian Metals can earn up to a 70% interest through staged exploration expenditures and work commitments.