Leading Edge Materials Corp. (OTCMKTS:LEMIF – Get Free Report) saw a significant drop in short interest in July. As of July 31st, there was short interest totaling 19,674 shares, a drop of 60.0% from the July 15th total of 49,154 shares. Based on an average daily trading volume, of 47,162 shares, the days-to-cover ratio is currently 0.4 days.
Leading Edge Materials Stock Performance
LEMIF stock opened at $0.20 on Friday. The company’s 50-day simple moving average is $0.20 and its 200 day simple moving average is $0.21. Leading Edge Materials has a 52 week low of $0.10 and a 52 week high of $0.32.
Leading Edge Materials Company Profile
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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