Leading Edge Materials Corp. (OTCMKTS:LEMIF – Get Free Report) was the target of a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 20,583 shares, a decline of 76.3% from the June 15th total of 86,763 shares. Based on an average daily volume of 110,031 shares, the short-interest ratio is currently 0.2 days.
Leading Edge Materials Price Performance
Shares of OTCMKTS:LEMIF opened at $0.20 on Tuesday. The company’s 50-day moving average is $0.20 and its 200 day moving average is $0.21. Leading Edge Materials has a fifty-two week low of $0.10 and a fifty-two week high of $0.32.
About Leading Edge Materials
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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