Pure Egy Minrls (OTCMKTS:PEMIF – Get Free Report) was the target of a significant decline in short interest in October. As of October 15th, there was short interest totaling 785 shares, a decline of 79.0% from the September 30th total of 3,735 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 8,602 shares, the days-to-cover ratio is presently 0.1 days.
Pure Egy Minrls Trading Up 5.7%
PEMIF traded up $0.01 on Wednesday, hitting $0.14. 20,500 shares of the stock were exchanged, compared to its average volume of 22,344. Pure Egy Minrls has a 12 month low of $0.11 and a 12 month high of $0.50. The business has a 50-day moving average of $0.18 and a two-hundred day moving average of $0.21.
About Pure Egy Minrls
Pure Energy Minerals Ltd. is a mineral exploration and development company focused primarily on lithium resources. The company’s activities center on identifying, evaluating and advancing lithium-bearing properties that could support future battery-materials production.
Pure Energy’s principal asset is the Clayton Valley Lithium Project in Esmeralda County, Nevada, a region that hosts lithium brine operations and related infrastructure. The project is prospective for lithium brine resources and has been the company’s primary exploration focus.
The company is headquartered in Canada and has historically concentrated its exploration activities in the western United States.
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