Pure Egy Minrls (OTCMKTS:PEMIF – Get Free Report) saw a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 33,258 shares, an increase of 241.1% from the May 14th total of 9,750 shares. Based on an average daily trading volume, of 26,997 shares, the short-interest ratio is presently 1.2 days. Approximately 0.1% of the shares of the company are short sold.
Pure Egy Minrls Trading Up 2.7%
OTCMKTS:PEMIF traded up $0.00 during trading hours on Thursday, reaching $0.17. 15,500 shares of the stock were exchanged, compared to its average volume of 25,145. The firm has a 50 day simple moving average of $0.24 and a 200-day simple moving average of $0.23. Pure Egy Minrls has a 52 week low of $0.10 and a 52 week high of $0.50.
About Pure Egy Minrls
Pure Energy Minerals Ltd. is a mineral exploration and development company focused on lithium brine resources essential for lithium-ion battery production. Headquartered in Vancouver, British Columbia, Pure Energy concentrates its efforts on advancing the Clayton Valley South project in Nevada, a region known for its high-grade lithium deposits. The company’s primary business activity is the exploration, evaluation and development of its flagship brine project, targeting commercially viable lithium extraction for the electric vehicle and energy storage markets.
The Clayton Valley South project encompasses over 800 acres of permitted exploration acreage adjacent to established lithium producers.
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