Industrias Peñoles, S.A.B. de C.V. (OTCMKTS:IPOAF) Short Interest Up 953.4% in July

Industrias Peñoles, S.A.B. de C.V. (OTCMKTS:IPOAFGet Free Report) saw a large growth in short interest in July. As of July 15th, there was short interest totaling 185,131 shares, a growth of 953.4% from the June 30th total of 17,575 shares. Based on an average daily volume of 634 shares, the days-to-cover ratio is presently 292.0 days.

Industrias Peñoles Stock Performance

Shares of IPOAF traded down $0.94 on Friday, reaching $46.44. 119 shares of the stock traded hands, compared to its average volume of 1,912. The stock’s 50-day moving average price is $49.09 and its 200-day moving average price is $53.30. Industrias Peñoles has a 12 month low of $25.00 and a 12 month high of $71.00.

Industrias Peñoles Company Profile

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Industrias Peñoles, SAB. de C.V. (OTCMKTS: IPOAF) is a Mexico-based mining and metals company specializing in the exploration, extraction and processing of non-ferrous metals. The company’s core activities encompass the mining of silver, gold, copper, zinc and lead ores, as well as the operation of smelting and refining facilities that produce high-purity metals for industrial and commercial markets worldwide. Peñoles is widely recognized as one of the largest primary silver producers globally and maintains integrated production capabilities from mine to market.

Peñoles operates a diversified portfolio of mines and metallurgical complexes largely concentrated in Mexico, with additional exploration projects and partnerships in Latin America.

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