Leading Edge Materials Corp. (OTCMKTS:LEMIF – Get Free Report) saw a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 49,154 shares, a growth of 138.8% from the June 30th total of 20,583 shares. Based on an average daily volume of 28,628 shares, the short-interest ratio is presently 1.7 days.
Leading Edge Materials Price Performance
Shares of LEMIF stock opened at $0.21 on Tuesday. Leading Edge Materials has a 12 month low of $0.10 and a 12 month high of $0.32. The company’s fifty day simple moving average is $0.20 and its 200-day simple moving average is $0.21.
Leading Edge Materials Company Profile
Leading Edge Materials (OTCMKTS:LEMIF) is a resource company focused on the exploration and development of critical metals that play a key role in the transition to clean energy. The company’s primary activities center on advanced-stage projects for graphite and rare earth elements, as well as early‐stage exploration assets targeting lithium and other technology metals. Through a combination of strategic acquisitions and greenfield discoveries, Leading Edge Materials aims to establish itself as a reliable supplier of battery‐grade raw materials to global markets.
The company’s flagship asset is the Woxna Graphite Mine in central Sweden, one of Europe’s few operating graphite deposits.
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