Pure Egy Minrls (OTCMKTS:PEMIF – Get Free Report) saw a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 12,508 shares, a drop of 35.3% from the June 30th total of 19,341 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 14,732 shares, the short-interest ratio is presently 0.8 days.
Pure Egy Minrls Stock Performance
Shares of Pure Egy Minrls stock remained flat at $0.14 during trading on Friday. 4,611 shares of the stock traded hands, compared to its average volume of 21,063. The business’s fifty day simple moving average is $0.17 and its two-hundred day simple moving average is $0.22. Pure Egy Minrls has a 1-year low of $0.10 and a 1-year high of $0.50.
Pure Egy Minrls Company Profile
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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