Leading Edge Materials Corp. (OTCMKTS:LEMIF – Get Free Report) was the target of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 100,150 shares, a growth of 1,065.5% from the April 15th total of 8,593 shares. Based on an average daily volume of 41,062 shares, the short-interest ratio is currently 2.4 days.
Leading Edge Materials Price Performance
Leading Edge Materials stock opened at $0.21 on Thursday. Leading Edge Materials has a fifty-two week low of $0.09 and a fifty-two week high of $0.32. The stock has a 50-day simple moving average of $0.22 and a 200-day simple moving average of $0.21.
About Leading Edge Materials
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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