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 30th, there was short interest totaling 55,627 shares, a decline of 39.8% from the September 15th total of 92,430 shares. Based on an average daily volume of 200 shares, the short-interest ratio is presently 278.1 days.
Industrias Peñoles Price Performance
OTCMKTS:IPOAF remained flat at $47.17 during mid-day trading on Friday. The company had a trading volume of 130 shares, compared to its average volume of 1,735. The firm’s 50 day moving average price is $51.63 and its 200 day moving average price is $50.80. Industrias Peñoles has a 1 year low of $37.48 and a 1 year high of $71.00.
About Industrias Peñoles
Industrias Peñoles, SAB. de C.V. is a Mexico-based mining and metals company and a member of Grupo BAL. Founded in 1887, the company is involved in the exploration, extraction, processing, smelting and refining of nonferrous minerals. Its activities span the mining value chain, from mineral exploration and mine development to the production of refined metals and chemical products.
Peñoles produces and processes precious and base metals, including silver, gold, lead, zinc and copper. Its operations also include metallurgical facilities, refineries and chemical plants that manufacture products such as sulfuric acid and other industrial chemicals derived from its mining and smelting activities.
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