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

Silver Elephant Mining Corp. (OTCMKTS:SILEF) saw a large decrease in short interest in July. As of July 31st, there was short interest totaling 14,061 shares, a decrease of 42.8% from the July 15th total of 24,566 shares. Based on an average trading volume of 57,713 shares, the short-interest ratio is presently 0.2 days.

Silver Elephant Mining Stock Down 11.3%

SILEF stock traded down $0.01 during mid-day trading on Monday, reaching $0.09. The company’s stock had a trading volume of 77,987 shares, compared to its average volume of 58,541. The company’s 50 day moving average is $0.09 and its two-hundred day moving average is $0.13. Silver Elephant Mining has a fifty-two week low of $0.08 and a fifty-two week high of $0.31.

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.