Leading Edge Materials Corp. (OTCMKTS:LEMIF – Get Free Report) was the target of a significant increase in short interest in August. As of August 14th, there was short interest totaling 39,510 shares, an increase of 100.8% from the July 30th total of 19,674 shares. Based on an average trading volume of 13,346 shares, the short-interest ratio is presently 3.0 days.
Leading Edge Materials Trading Up 1.1%
LEMIF traded up $0.00 on Friday, hitting $0.19. 6,250 shares of the company were exchanged, compared to its average volume of 44,485. Leading Edge Materials has a twelve month low of $0.12 and a twelve month high of $0.32. The firm has a 50-day moving average price of $0.20 and a two-hundred day moving average price of $0.21.
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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