Manganese X Energy Corp. (OTCMKTS:MNXXF – Get Free Report) was the recipient of a significant drop in short interest in July. As of July 15th, there was short interest totaling 6,884 shares, a drop of 77.6% from the June 30th total of 30,784 shares. Based on an average daily trading volume, of 192,581 shares, the short-interest ratio is presently 0.0 days.
Manganese X Energy Trading Down 3.0%
Shares of OTCMKTS MNXXF opened at $0.07 on Friday. The company has a 50-day moving average price of $0.08 and a 200-day moving average price of $0.09. Manganese X Energy has a 1 year low of $0.03 and a 1 year high of $0.13.
About Manganese X Energy
Manganese X Energy (OTCMKTS: MNXXF) is a mineral exploration and development company dedicated to advancing manganese projects for the battery and electric-vehicle markets. The company’s core focus is on identifying, acquiring and de-risking high-purity manganese deposits through systematic exploration, metallurgical testing and pilot-scale processing. By targeting manganese—a critical component in lithium-ion battery cathodes—Manganese X Energy aims to contribute to the growing demand for sustainable energy storage materials.
Through its technical programs, the company evaluates both hard-rock and oxide manganese occurrences, applying hydrometallurgical flowsheets to produce battery-grade manganese sulfate and other refined products.
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