Pure Egy Minrls (OTCMKTS:PEMIF – Get Free Report) was the target of a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 4,315 shares, a decline of 89.7% from the August 31st total of 41,904 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 27,994 shares, the days-to-cover ratio is currently 0.2 days.
Pure Egy Minrls Price Performance
OTCMKTS PEMIF remained flat at $0.19 on Thursday. The company’s stock had a trading volume of 1,436 shares, compared to its average volume of 29,576. The stock’s fifty day moving average is $0.17 and its two-hundred day moving average is $0.21. Pure Egy Minrls has a 52-week low of $0.11 and a 52-week high of $0.50.
About Pure Egy Minrls
Pure Energy Minerals Ltd. is a mineral exploration and development company focused on lithium projects in the United States. Its primary asset is the Clayton Valley Lithium Project in Nevada, an area known for lithium-bearing brine deposits and existing lithium production infrastructure.
The company’s activities have included acquiring mineral rights, conducting geological and geophysical studies, drilling, and evaluating lithium extraction and processing opportunities. Pure Energy Minerals has also pursued technologies designed to recover lithium from brine, including direct lithium extraction approaches, with the goal of advancing its projects toward potential development.
Pure Energy Minerals has historically worked with strategic and technical partners to assess its Nevada properties and related lithium opportunities.
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