Silver Elephant Mining Corp. (OTCMKTS:SILEF) Sees Large Decline in Short Interest

Silver Elephant Mining Corp. (OTCMKTS:SILEF) was the target of a large decrease in short interest in June. As of June 15th, there was short interest totaling 10,002 shares, a decrease of 91.0% from the May 31st total of 111,408 shares. Based on an average trading volume of 268,740 shares, the days-to-cover ratio is currently 0.0 days.

Silver Elephant Mining Stock Down 2.2%

Shares of Silver Elephant Mining stock traded down $0.00 on Friday, reaching $0.08. The company’s stock had a trading volume of 5,050 shares, compared to its average volume of 65,257. Silver Elephant Mining has a 52 week low of $0.08 and a 52 week high of $0.31. The firm’s fifty day simple moving average is $0.11 and its two-hundred day simple moving average is $0.17.

Silver Elephant Mining Company Profile

Silver Elephant Mining Corp. (OTCMKTS:SILEF) is a mineral exploration and development company focused on advancing its flagship Pulacayo silver–lead–zinc project in the historic Potosí mining district of southern Bolivia. The company’s primary objective is to bring Pulacayo into production, leveraging a resource base that ranks among the highest-grade undeveloped silver deposits globally. Alongside resource definition and permitting activities, Silver Elephant is engaged in engineering studies designed to optimize mine planning, metallurgical recovery and capital efficiencies.

Headquartered in Vancouver, British Columbia, Silver Elephant maintains technical and corporate offices in La Paz and Potosí, facilitating close collaboration with Bolivian government authorities, local communities and service providers.