IMC Rare Earths Ltd (NYSEAMERICAN:IMC – Get Free Report) was the target of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 26,670 shares, an increase of 76.1% from the August 15th total of 15,147 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 82,617 shares, the short-interest ratio is presently 0.3 days.
IMC Rare Earths Trading Down 3.4%
NYSEAMERICAN IMC traded down $0.21 during trading hours on Wednesday, reaching $6.01. 66,658 shares of the company traded hands, compared to its average volume of 130,487. IMC Rare Earths has a 12 month low of $4.51 and a 12 month high of $11.84.
IMC Rare Earths Company Profile
IMC Rare Earths Inc is a mineral exploration company focused on identifying and advancing properties with potential for rare earth elements and other critical minerals. The company is an exploration-stage business and does not currently manufacture or sell commercial products.
IMC Rare Earths’ activities center on acquiring, evaluating and developing mineral properties in North America. Its work may include geological mapping, sampling, drilling and other exploration programs designed to determine the location, scale and quality of potential mineral resources.
The company was formerly known as IMC International Mining Corp.
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