Industrias Peñoles, S.A.B. de C.V. (OTCMKTS:IPOAF – Get Free Report) was the target of a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 92,430 shares, a decline of 69.3% from the August 31st total of 301,235 shares. Based on an average daily volume of 469 shares, the short-interest ratio is presently 197.1 days.
Industrias Peñoles Price Performance
OTCMKTS IPOAF remained flat at $50.55 during trading on Monday. The company’s stock had a trading volume of 45 shares, compared to its average volume of 1,800. Industrias Peñoles has a one year low of $37.48 and a one year high of $71.00. The business’s 50 day simple moving average is $50.96 and its two-hundred day simple moving average is $50.67.
Industrias Peñoles Company Profile
Industrias Peñoles, SAB. de C.V. is a Mexico-based mining and metals company engaged in the exploration, development, extraction, processing and refining of mineral resources. Its principal products include silver, gold, zinc, lead and copper, along with related metal concentrates and refined materials.
The company operates an integrated platform that spans mining, metallurgical processing and chemical production. Its activities include the operation of mines and processing facilities, the production of refined precious and base metals, and the manufacture of inorganic chemicals used in industrial applications.
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